3, SCHOOL LANE, WAPPENHAM, TOWCESTER, NN12 8SG - £437,500

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 SCHOOL LANE is a very small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £437,500 in December 2023, which was around 3% below the average December 2023 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.

3 SCHOOL LANE Sold Prices

Land registry data shows two sales for 3 SCHOOL 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. One of the two 3 SCHOOL LANE sales was for below the average price, whilst the other was 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
2023 19 DEC	£437,500	£452,087	3% below HPI
2012 1 AUG	£321,000	£268,348	20% above HPI

3 SCHOOL 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 SCHOOL LANE sales from August 2012 and December 2023 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 2012 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 SCHOOL LANE?

3 SCHOOL LANE is 93m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Wappenham, based on EPC data. The below chart shows the distribution of detached houses by size in Wappenham, and where 3 SCHOOL LANE lies on this distribution: 12% of detached houses are smaller than 3 SCHOOL LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wappenham.

3 SCHOOL LANE: Plot and Title Map

3 SCHOOL LANE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 3 SCHOOL 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 SCHOOL 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 SCHOOL LANE?

3 SCHOOL LANE is located in WAPPENHAM, in the NN12 postcode district. The below map shows the position of No. 3 on SCHOOL LANE.