4, MARTEL CLOSE, NORTHAMPTON, NN5 6HA - £200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MARTEL CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £283,009. It was last sold for £200,000 in September 2015, which was around 40% below the average September 2015 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

4 MARTEL CLOSE Sold Prices

Land registry data shows three sales for 4 MARTEL CLOSE 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. All of the three 4 MARTEL 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
2015 25 SEP	£200,000	£335,227	40% below HPI
2010 7 MAY	£155,000	£269,895	43% below HPI
1998 17 FEB	£67,000	£107,442	38% below HPI

4 MARTEL 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 three 4 MARTEL CLOSE sales between February 1998 and September 2015 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 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 4 MARTEL CLOSE be worth now?

4 MARTEL CLOSE might now be worth an estimated £283,009.

This is based on house price inflation of 41.5%, between September 2015 and February 2025, 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 41.5% inflationary increase is applied to the most recent sale price for 4 MARTEL CLOSE of £200,000 on 25th September 2015. For the value to have increased from £200,000 to £283,009 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 MARTEL CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The September 2015 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MARTEL CLOSE has not materially changed since September 2015.

How Large is 4 MARTEL CLOSE?

4 MARTEL CLOSE is 75m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% 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 4 MARTEL CLOSE lies on this distribution: 10% of detached houses houses are smaller than 4 MARTEL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Northampton.

4 MARTEL CLOSE: Plot and Title Map

4 MARTEL CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 4 MARTEL 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 4 MARTEL 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 4 MARTEL CLOSE?

4 MARTEL CLOSE is located in NORTHAMPTON, in the NN5 postcode district. The below map shows the position of No. 4 on MARTEL CLOSE.