3, POUND LANE, BUGBROOKE, NORTHAMPTON, NN7 3RH - £218,000

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 POUND LANE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £218,000 in May 2024, which was around 53% below the average May 2024 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

3 POUND LANE Sold Prices

Land registry data shows two sales for 3 POUND LANE 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 3 POUND LANE 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
2024 28 MAY	£218,000	£461,962	53% below HPI
1999 12 FEB	£55,500	£114,898	52% below HPI

3 POUND LANE 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 3 POUND LANE sales from February 1999 and May 2024 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 February 1999 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2024 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 3 POUND LANE?

3 POUND LANE is 55m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses in Bugbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Bugbrooke, and where 3 POUND LANE lies on this distribution: Less than 1% of detached houses are smaller than 3 POUND LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bugbrooke.

3 POUND LANE: Plot and Title Map

3 POUND LANE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 3 POUND 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 3 POUND 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 3 POUND LANE?

3 POUND LANE is located in BUGBROOKE, in the NN7 postcode district. The below map shows the position of No. 3 on POUND LANE.