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 WATERMEADOW DRIVE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £130,000 in June 2012, which was around 52% below the average June 2012 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 31 WATERMEADOW DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 31 WATERMEADOW DRIVE 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 |
---|---|---|---|
2012 1 JUN | £130,000 | £270,623 | 52% below HPI |
2005 28 NOV | £136,000 | £258,306 | 47% below HPI |
2002 12 JUL | £96,750 | £184,208 | 47% below HPI |
1995 31 JAN | £45,950 | £84,835 | 46% 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 four 31 WATERMEADOW DRIVE sales between January 1995 and June 2012 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 2005 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2012 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
31 WATERMEADOW DRIVE is 75m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% 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 WATERMEADOW DRIVE lies on this distribution: 10% of detached houses are smaller than 31 WATERMEADOW DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Northampton.
31 WATERMEADOW DRIVE sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 31 WATERMEADOW DRIVE, 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 WATERMEADOW DRIVE). 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 WATERMEADOW DRIVE is located in NORTHAMPTON, in the NN3 postcode district. The below map shows the position of No. 31 on WATERMEADOW DRIVE.