31, FURNACE LANE, NETHER HEYFORD, NORTHAMPTON, NN7 3JS - £130,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 FURNACE LANE is a very small extended semi-detached house of 69m², built sometime between 1930 and 1949. It was last sold for £130,000 in July 2011, which was around 16% below the average July 2011 semi-detached price in the West Northamptonshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

31 FURNACE LANE Sold Prices

Land registry data shows two sales for 31 FURNACE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 31 FURNACE 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
2011 1 JUL	£130,000	£154,619	16% below HPI
2004 23 NOV	£106,000	£154,338	31% below HPI

31 FURNACE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two 31 FURNACE LANE sales from November 2004 and July 2011 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 November 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 31 FURNACE LANE be worth now?

31 FURNACE LANE might now be worth an estimated £238,101.

This is based on house price inflation of 83.2%, between July 2011 and December 2024, for semi-detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 83.2% inflationary increase is applied to the most recent sale price for 31 FURNACE LANE of £130,000 on 1st July 2011. For the value to have increased from £130,000 to £238,101 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 31 FURNACE LANE has moved in line with the HPI for semi-detached houses in the West Northamptonshire local authority area.
• The July 2011 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FURNACE LANE has not materially changed since July 2011.

How Large is 31 FURNACE LANE?

31 FURNACE LANE is 69m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of semi-detached houses houses in Nether Heyford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nether Heyford, and where 31 FURNACE LANE lies on this distribution: 1% of semi-detached houses houses are smaller than 31 FURNACE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Nether Heyford.

31 FURNACE LANE: Plot and Title Map

31 FURNACE LANE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 31 FURNACE 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 31 FURNACE 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 31 FURNACE LANE?

31 FURNACE LANE is located in NETHER HEYFORD, in the NN7 postcode district. The below map shows the position of No. 31 on FURNACE LANE.