2, POUND LANE, BUGBROOKE, NORTHAMPTON, NN7 3RH - £325,000

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 POUND LANE is a small detached house of 102m², built sometime between 1991 and 1995. It was last sold for £325,000 in July 2017, which was around 13% below the average July 2017 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

2 POUND LANE Sold Prices

Land registry data shows four sales for 2 POUND LANE 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 POUND LANE 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 14 JUL	£325,000	£373,525	13% below HPI
2007 18 MAY	£247,500	£280,680	12% below HPI
2004 27 FEB	£194,950	£231,983	16% below HPI
1996 20 DEC	£81,950	£92,529	11% below HPI

2 POUND LANE 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 POUND LANE sales between December 1996 and July 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 May 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 POUND LANE?

2 POUND LANE is 102m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% 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 POUND LANE lies on this distribution: 24% of detached houses are smaller than 2 POUND LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bugbrooke.

2 POUND LANE: Plot and Title Map

2 POUND LANE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 POUND LANE, 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 POUND LANE). 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 POUND LANE?

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