2A, BAKEHOUSE LANE, MEARS ASHBY, NORTHAMPTON, NN6 0ED - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2A BAKEHOUSE LANE is a small detached house of 118m², built sometime from 2007 onwards, which could now be worth an estimated £467,625. It was last sold for £375,000 in November 2018, which was around 14% above the average November 2018 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was B.

2A BAKEHOUSE LANE Sold Prices

Land registry data shows three sales for 2A BAKEHOUSE LANE since 1^st 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 2A BAKEHOUSE LANE sales were for above 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
2018 30 NOV	£375,000	£329,116	14% above HPI
2015 7 AUG	£300,000	£253,258	18% above HPI
2013 19 JUL	£250,000	£216,714	15% above HPI

2A BAKEHOUSE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The three 2A BAKEHOUSE LANE sales between July 2013 and November 2018 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 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2018 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2A BAKEHOUSE LANE be worth now?

2A BAKEHOUSE LANE might now be worth an estimated £467,625.

This is based on house price inflation of 24.7%, between November 2018 and March 2025, for detached houses, in the North Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 2A BAKEHOUSE LANE of £375,000 on 30th November 2018. For the value to have increased from £375,000 to £467,625 over the seven years and eight months to March 2025, the following assumptions must hold true:

• The value of 2A BAKEHOUSE LANE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The November 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2A BAKEHOUSE LANE has not materially changed since November 2018.

How Large is 2A BAKEHOUSE LANE?

2A BAKEHOUSE LANE is 118m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of detached houses houses in Mears Ashby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mears Ashby, and where 2A BAKEHOUSE LANE lies on this distribution: 39% of detached houses houses are smaller than 2A BAKEHOUSE LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Mears Ashby.

2A BAKEHOUSE LANE: Plot and Title Map

2A BAKEHOUSE LANE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2A BAKEHOUSE LANE, 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 2A BAKEHOUSE LANE). 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 2A BAKEHOUSE LANE?

2A BAKEHOUSE LANE is located in MEARS ASHBY, in the NN6 postcode district. The below map shows the position of No. 2A on BAKEHOUSE LANE.