31, LOCKWOOD CLOSE, NORTHAMPTON, NN2 7SS - £372,000

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 LOCKWOOD CLOSE is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £372,000 in May 2021, which was around 8% below the average May 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

31 LOCKWOOD CLOSE Sold Prices

Land registry data shows two sales for 31 LOCKWOOD CLOSE 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 31 LOCKWOOD CLOSE 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
2021 28 MAY	£372,000	£406,119	8% below HPI
1998 15 MAY	£106,995	£112,539	5% below HPI

31 LOCKWOOD CLOSE 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 31 LOCKWOOD CLOSE sales from May 1998 and May 2021 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 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 31 LOCKWOOD CLOSE be worth now?

31 LOCKWOOD CLOSE might now be worth an estimated £429,430.

This is based on house price inflation of 15.4%, between May 2021 and December 2024, for 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 15.4% inflationary increase is applied to the most recent sale price for 31 LOCKWOOD CLOSE of £372,000 on 28th May 2021. For the value to have increased from £372,000 to £429,430 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 31 LOCKWOOD CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The May 2021 sale price of £372,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LOCKWOOD CLOSE has not materially changed since May 2021.

How Large is 31 LOCKWOOD CLOSE?

31 LOCKWOOD CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northampton, and where 31 LOCKWOOD CLOSE lies on this distribution: 55% of detached houses houses are smaller than 31 LOCKWOOD CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Northampton.

31 LOCKWOOD CLOSE: Plot and Title Map

31 LOCKWOOD CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 31 LOCKWOOD 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 31 LOCKWOOD 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.

Where is 31 LOCKWOOD CLOSE?

31 LOCKWOOD CLOSE is located in NORTHAMPTON, in the NN2 postcode district. The below map shows the position of No. 31 on LOCKWOOD CLOSE.