38, PENFOLD LANE, GREAT BILLING, NORTHAMPTON, NN3 9EF - £445,000

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 PENFOLD LANE is a midsized detached house of 108m², built sometime between 1967 and 1975. It was last sold for £445,000 in November 2023, which was around 2% below the average November 2023 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 C.

38 PENFOLD LANE Sold Prices

Land registry data shows three sales for 38 PENFOLD LANE since 1^st 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. Two of the three 38 PENFOLD LANE sales were for below the average price, whilst one was 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 10 NOV	£445,000	£455,217	2% below HPI
2018 18 DEC	£385,000	£389,675	1% below HPI
1999 19 JUL	£128,000	£122,610	4% above HPI

38 PENFOLD LANE 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 three 38 PENFOLD LANE sales between July 1999 and November 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 December 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 38 PENFOLD LANE?

38 PENFOLD LANE is 108m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% 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 PENFOLD LANE lies on this distribution: 44% of detached houses are smaller than 38 PENFOLD LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Northampton.

38 PENFOLD LANE: Plot and Title Map

38 PENFOLD LANE sits on a plot of roughly 0.271 of an acre, or 1,096m². The below map shows the location of 38 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 38 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.

Where is 38 PENFOLD LANE?

38 PENFOLD LANE is located in GREAT BILLING, in the NN3 postcode district. The below map shows the position of No. 38 on PENFOLD LANE.