2, HOMESTEAD WAY, NORTHAMPTON, NN2 6JG - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HOMESTEAD WAY is a very small semi-detached house of 55m², built sometime between 1967 and 1975. It was last sold for £210,000 in September 2004, which was around 39% above the average September 2004 semi-detached price in the West Northamptonshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

2 HOMESTEAD WAY Sold Prices

Land registry data shows four sales for 2 HOMESTEAD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 2 HOMESTEAD WAY sales were for above 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
2004 24 SEP	£210,000	£151,352	39% above HPI
2000 26 MAY	£125,000	£78,004	60% above HPI
1998 10 JUN	£97,000	£63,389	53% above HPI
1997 28 FEB	£88,000	£53,669	64% above HPI

2 HOMESTEAD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The four 2 HOMESTEAD WAY sales between February 1997 and September 2004 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 May 2000 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the September 2004 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 HOMESTEAD WAY be worth now?

2 HOMESTEAD WAY might now be worth an estimated £392,927.

This is based on house price inflation of 87.1%, between September 2004 and December 2024, for semi-detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.1% inflationary increase is applied to the most recent sale price for 2 HOMESTEAD WAY of £210,000 on 24th September 2004. For the value to have increased from £210,000 to £392,927 over the nineteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 HOMESTEAD WAY has moved in line with the HPI for semi-detached houses in the West Northamptonshire local authority area.
• The September 2004 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOMESTEAD WAY has not materially changed since September 2004.

How Large is 2 HOMESTEAD WAY?

2 HOMESTEAD WAY is 55m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of semi-detached houses houses in Northampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Northampton, and where 2 HOMESTEAD WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 2 HOMESTEAD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Northampton.

2 HOMESTEAD WAY: Plot and Title Map

2 HOMESTEAD WAY sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 2 HOMESTEAD WAY, 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 WAY). 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 WAY?

2 HOMESTEAD WAY is located in NORTHAMPTON, in the NN2 postcode district. The below map shows the position of No. 2 on HOMESTEAD WAY.