2, HOMESTEAD DRIVE, BUGBROOKE, NORTHAMPTON, NN7 3QY - £235,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 HOMESTEAD DRIVE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £235,000 in November 2017, which was around 39% below the average November 2017 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

2 HOMESTEAD DRIVE Sold Prices

Land registry data shows four sales for 2 HOMESTEAD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 2 HOMESTEAD DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 17 NOV	£235,000	£383,243	39% below HPI
2016 27 JUN	£220,000	£348,660	37% below HPI
2006 24 FEB	£148,000	£253,420	42% below HPI
1996 29 FEB	£52,500	£85,918	39% below HPI

2 HOMESTEAD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The four 2 HOMESTEAD DRIVE sales between February 1996 and November 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 HOMESTEAD DRIVE?

2 HOMESTEAD DRIVE is 75m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Bugbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Bugbrooke, and where 2 HOMESTEAD DRIVE lies on this distribution: 5% of detached houses are smaller than 2 HOMESTEAD DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bugbrooke.

2 HOMESTEAD DRIVE: Plot and Title Map

2 HOMESTEAD DRIVE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 2 HOMESTEAD DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 HOMESTEAD DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 HOMESTEAD DRIVE?

2 HOMESTEAD DRIVE is located in BUGBROOKE, in the NN7 postcode district. The below map shows the position of No. 2 on HOMESTEAD DRIVE.