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 TITHE CLOSE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £350,000 in May 2023, which was around 14% below the average May 2023 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 TITHE 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 TITHE 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 |
---|---|---|---|
2023 16 MAY | £350,000 | £408,188 | 14% below HPI |
2022 29 JUL | £345,000 | £403,591 | 15% below HPI |
2017 19 MAY | £215,000 | £298,858 | 28% 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 TITHE CLOSE sales between May 2017 and May 2023 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 July 2022 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
2 TITHE CLOSE is 79m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Ringstead, based on EPC data. The below chart shows the distribution of detached houses by size in Ringstead, and where 2 TITHE CLOSE lies on this distribution: 14% of detached houses are smaller than 2 TITHE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ringstead.
2 TITHE CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 TITHE 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 TITHE 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 TITHE CLOSE is located in RINGSTEAD, in the NN14 postcode district. The below map shows the position of No. 2 on TITHE CLOSE.