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
31 PENFOLD LANE is a very large extended detached house of 236m², built sometime between 1950 and 1966. It was last sold for £565,000 in October 2023, which was around 24% above the average October 2023 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 31 PENFOLD LANE 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 31 PENFOLD LANE sales were 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 17 OCT | £565,000 | £456,948 | 24% above HPI |
2001 30 AUG | £275,000 | £167,550 | 64% above HPI |
1999 22 OCT | £186,000 | £130,244 | 43% above 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 31 PENFOLD LANE sales between October 1999 and October 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 2001 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the October 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.
31 PENFOLD LANE is 236m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 31 PENFOLD LANE lies on this distribution: 98% of detached houses are smaller than 31 PENFOLD LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Northampton.
31 PENFOLD LANE sits on a plot of roughly 0.211 of an acre, or 854m². The below map shows the location of 31 PENFOLD 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 PENFOLD 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.
31 PENFOLD LANE is located in GREAT BILLING, in the NN3 postcode district. The below map shows the position of No. 31 on PENFOLD LANE.