2, THE LEYS, NORTHAMPTON, NN2 6QZ - £168,500

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 THE LEYS is a very small detached house of 54m², built sometime before 1900. It was last sold for £168,500 in January 2007, which was around 38% below the average January 2007 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was B.

2 THE LEYS Sold Prices

Land registry data shows two sales for 2 THE LEYS 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 THE LEYS 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
2007 24 JAN	£168,500	£273,642	38% below HPI
1997 12 FEB	£59,950	£94,927	37% below HPI

2 THE LEYS 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 THE LEYS sales from February 1997 and January 2007 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 February 1997 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2007 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 THE LEYS?

2 THE LEYS is 54m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% 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 THE LEYS lies on this distribution: 1% of detached houses are smaller than 2 THE LEYS, and 98% of houses are larger. Note that EPC data is not available for all properties in Northampton.

2 THE LEYS: Plot and Title Map

2 THE LEYS sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 2 THE LEYS, 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 THE LEYS). 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 THE LEYS?

2 THE LEYS is located in NORTHAMPTON, in the NN2 postcode district. The below map shows the position of No. 2 on THE LEYS.