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
38 GRESHAM DRIVE is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £70,995 in May 2001, which was around 55% below the average May 2001 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 38 GRESHAM DRIVE since 1st 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 38 GRESHAM 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 |
---|---|---|---|
2001 4 MAY | £70,995 | £156,869 | 55% below HPI |
1997 31 JAN | £40,000 | £93,643 | 57% 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 two 38 GRESHAM DRIVE sales from January 1997 and May 2001 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 January 1997 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the May 2001 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.
38 GRESHAM DRIVE is 54m² according to the EPC inspection conducted in March 2018. 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 38 GRESHAM DRIVE lies on this distribution: 1% of detached houses are smaller than 38 GRESHAM DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Northampton.
38 GRESHAM DRIVE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 38 GRESHAM 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 38 GRESHAM 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.
38 GRESHAM DRIVE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 38 on GRESHAM DRIVE.