2, SPRINGBANKS WAY, NORTHAMPTON, NN4 0QA - £435,000

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 SPRINGBANKS WAY is a large detached house of 129m², built sometime between 1983 and 1990. It was last sold for £435,000 in August 2021, which was around 5% above the average August 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2 SPRINGBANKS WAY Sold Prices

Land registry data shows two sales for 2 SPRINGBANKS 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. One of the two 2 SPRINGBANKS WAY sales was for above the average price, whilst the other was 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 6 AUG	£435,000	£413,616	5% above HPI
2008 1 AUG	£225,000	£278,021	19% below HPI

2 SPRINGBANKS 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 SPRINGBANKS WAY sales from August 2008 and August 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 August 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 SPRINGBANKS WAY?

2 SPRINGBANKS WAY is 129m² according to the EPC inspection conducted in March 2021. This puts it in the largest 40% 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 SPRINGBANKS WAY lies on this distribution: 67% of detached houses are smaller than 2 SPRINGBANKS WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Northampton.

2 SPRINGBANKS WAY: Plot and Title Map

2 SPRINGBANKS WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 2 SPRINGBANKS 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 SPRINGBANKS 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 SPRINGBANKS WAY?

2 SPRINGBANKS WAY is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 2 on SPRINGBANKS WAY.