2, MILL MEADOW, NORTHAMPTON, NN2 7BA - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MILL MEADOW is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £275,000 in May 2021, which was around 32% below the average May 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

2 MILL MEADOW Sold Prices

Land registry data shows three sales for 2 MILL MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the three 2 MILL MEADOW 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
2021 11 MAY	£275,000	£401,920	32% below HPI
2016 31 MAR	£195,000	£342,208	43% below HPI
1998 2 APR	£77,000	£109,853	30% below HPI

2 MILL MEADOW 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 three 2 MILL MEADOW sales between April 1998 and May 2021 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 March 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 MILL MEADOW?

2 MILL MEADOW is 84m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 2 MILL MEADOW lies on this distribution: 17% of detached houses are smaller than 2 MILL MEADOW, and 82% of houses are larger. Note that EPC data is not available for all properties in Northampton.

2 MILL MEADOW: Plot and Title Map

2 MILL MEADOW sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 2 MILL MEADOW, 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 MILL MEADOW). 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 MILL MEADOW?

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