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 RESERVOIR CLOSE is a very small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £260,010 in November 2022, which was around 38% below the average November 2022 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 RESERVOIR CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 2 RESERVOIR 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 |
---|---|---|---|
2022 14 NOV | £260,010 | £416,935 | 38% below HPI |
2022 25 MAR | £195,000 | £386,095 | 49% below HPI |
2005 30 SEP | £170,000 | £210,283 | 19% below HPI |
The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The three 2 RESERVOIR CLOSE sales between September 2005 and November 2022 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 2022 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
2 RESERVOIR CLOSE is 81m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Irthlingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Irthlingborough, and where 2 RESERVOIR CLOSE lies on this distribution: 18% of detached houses are smaller than 2 RESERVOIR CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Irthlingborough.
2 RESERVOIR CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 RESERVOIR 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 RESERVOIR 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 RESERVOIR CLOSE is located in IRTHLINGBOROUGH, in the NN9 postcode district. The below map shows the position of No. 2 on RESERVOIR CLOSE.