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 SUMMIT RISE is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £149,000 in July 2007, which was around 48% below the average July 2007 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 SUMMIT RISE 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. All of the three 3 SUMMIT RISE 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 |
---|---|---|---|
2007 13 JUL | £149,000 | £284,333 | 48% below HPI |
2004 28 MAY | £123,500 | £238,505 | 48% below HPI |
1996 1 MAR | £40,995 | £86,720 | 53% 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 SUMMIT RISE sales between March 1996 and July 2007 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 May 2004 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2007 sale, which was also at 48% below the HPI.
3 SUMMIT RISE is 56m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 3 SUMMIT RISE lies on this distribution: 2% of detached houses are smaller than 3 SUMMIT RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Northampton.
3 SUMMIT RISE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 3 SUMMIT RISE, 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 SUMMIT RISE). 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 SUMMIT RISE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 3 on SUMMIT RISE.