2, OAK WAY, HACKLETON, NORTHAMPTON, NN7 2EP - £405,000

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 OAK WAY is a small detached house of 98m², built sometime between 2007 and 2011. It was last sold for £405,000 in March 2023, which was around 13% below the average March 2023 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

2 OAK WAY Sold Prices

Land registry data shows two sales for 2 OAK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 2 OAK WAY 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
2023 23 MAR	£405,000	£464,452	13% below HPI
2011 31 OCT	£245,000	£270,579	9% below HPI

2 OAK WAY 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 two 2 OAK WAY sales from October 2011 and March 2023 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 October 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 OAK WAY?

2 OAK WAY is 98m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of detached houses in Hackleton, based on EPC data. The below chart shows the distribution of detached houses by size in Hackleton, and where 2 OAK WAY lies on this distribution: 23% of detached houses are smaller than 2 OAK WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Hackleton.

2 OAK WAY: Plot and Title Map

2 OAK WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 OAK 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 OAK 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 OAK WAY?

2 OAK WAY is located in HACKLETON, in the NN7 postcode district. The below map shows the position of No. 2 on OAK WAY.