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
3 MERTON CLOSE is a small extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £327,000 in August 2015, which was about the average August 2015 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 MERTON CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. The three 3 MERTON CLOSE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2015 24 AUG | £327,000 | £328,515 | Close to HPI |
2000 11 AUG | £146,000 | £149,092 | 2% below HPI |
1998 17 APR | £106,000 | £109,853 | 4% below HPI |
The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The three 3 MERTON CLOSE sales between April 1998 and August 2015 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 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
3 MERTON CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Brackley, based on EPC data. The below chart shows the distribution of detached houses by size in Brackley, and where 3 MERTON CLOSE lies on this distribution: 31% of detached houses are smaller than 3 MERTON CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Brackley.
3 MERTON CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 3 MERTON 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 3 MERTON 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.
3 MERTON CLOSE is located in BRACKLEY, in the NN13 postcode district. The below map shows the position of No. 3 on MERTON CLOSE.