3, MEREFIELDS, IRTHLINGBOROUGH, WELLINGBOROUGH, NN9 5TF - £127,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MEREFIELDS is a very small extended detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £240,154. It was last sold for £127,000 in June 2012, which was around 41% below the average June 2012 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

3 MEREFIELDS Sold Prices

Land registry data shows four sales for 3 MEREFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 3 MEREFIELDS 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
2012 28 JUN	£127,000	£215,630	41% below HPI
2004 23 JUL	£138,000	£196,320	30% below HPI
2001 14 SEP	£85,650	£119,765	28% below HPI
1997 23 DEC	£67,950	£76,654	11% below HPI

3 MEREFIELDS 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 four 3 MEREFIELDS sales between December 1997 and June 2012 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 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 MEREFIELDS be worth now?

3 MEREFIELDS might now be worth an estimated £240,154.

This is based on house price inflation of 89.1%, between June 2012 and February 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 89.1% inflationary increase is applied to the most recent sale price for 3 MEREFIELDS of £127,000 on 28th June 2012. For the value to have increased from £127,000 to £240,154 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 3 MEREFIELDS has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The June 2012 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEREFIELDS has not materially changed since June 2012.

How Large is 3 MEREFIELDS?

3 MEREFIELDS is 73m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses houses in Irthlingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Irthlingborough, and where 3 MEREFIELDS lies on this distribution: 12% of detached houses houses are smaller than 3 MEREFIELDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Irthlingborough.

3 MEREFIELDS: Plot and Title Map

3 MEREFIELDS sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 3 MEREFIELDS, 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 3 MEREFIELDS). 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 3 MEREFIELDS?

3 MEREFIELDS is located in IRTHLINGBOROUGH, in the NN9 postcode district. The below map shows the position of No. 3 on MEREFIELDS.