20, REA CLOSE, NORTHAMPTON, NN4 0RE - £128,000

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

20 REA CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £128,000 in April 2002, which was around 27% below the average April 2002 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

20 REA CLOSE Sold Prices

Land registry data shows two sales for 20 REA CLOSE 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 20 REA 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
2002 19 APR	£128,000	£176,415	27% below HPI
2001 11 JUL	£117,000	£164,837	29% below HPI

20 REA CLOSE 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 20 REA CLOSE sales from July 2001 and April 2002 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 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2002 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 20 REA CLOSE?

20 REA CLOSE is 75m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 20 REA CLOSE lies on this distribution: 10% of detached houses are smaller than 20 REA CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Northampton.

20 REA CLOSE: Plot and Title Map

20 REA CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 20 REA 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 20 REA 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.

Where is 20 REA CLOSE?

20 REA CLOSE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 20 on REA CLOSE.