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 OLD SCHOLARS CLOSE is a midsized detached house of 112m². It was last sold for £270,000 in April 2019, which was around 31% below the average April 2019 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 2 OLD SCHOLARS CLOSE since 1st 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 OLD SCHOLARS CLOSE 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 |
---|---|---|---|
2019 30 APR | £270,000 | £389,859 | 31% below HPI |
2014 26 SEP | £219,995 | £310,460 | 29% below HPI |
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 OLD SCHOLARS CLOSE sales from September 2014 and April 2019 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 September 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
2 OLD SCHOLARS CLOSE is 112m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% 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 OLD SCHOLARS CLOSE lies on this distribution: 49% of detached houses are smaller than 2 OLD SCHOLARS CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Northampton.
2 OLD SCHOLARS CLOSE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 2 OLD SCHOLARS CLOSE, 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 OLD SCHOLARS CLOSE). 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.
2 OLD SCHOLARS CLOSE is located in NORTHAMPTON, in the NN5 postcode district. The below map shows the position of No. 2 on OLD SCHOLARS CLOSE.