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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MEREFIELDS is a very small extended detached house of 73m², built sometime between 1991 and 1995. 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	£215,943	41% below HPI
2004 23 JUL	£138,000	£196,605	30% below HPI
2001 14 SEP	£85,650	£119,939	29% below HPI
1997 23 DEC	£67,950	£76,766	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.

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 in Irthlingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Irthlingborough, and where 3 MEREFIELDS lies on this distribution: 12% of detached houses are smaller than 3 MEREFIELDS, and 87% 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.