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
4 SPRINGBANKS WAY is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £263,500 in January 2020, which was around 32% below the average January 2020 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 4 SPRINGBANKS WAY 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 4 SPRINGBANKS WAY 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 |
---|---|---|---|
2020 31 JAN | £263,500 | £388,373 | 32% below HPI |
2008 11 APR | £190,000 | £282,515 | 33% 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 4 SPRINGBANKS WAY sales from April 2008 and January 2020 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 April 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
4 SPRINGBANKS WAY is 96m², which includes three extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 4 SPRINGBANKS WAY lies on this distribution: 31% of detached houses are smaller than 4 SPRINGBANKS WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Northampton.
4 SPRINGBANKS WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 4 SPRINGBANKS WAY, 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 SPRINGBANKS WAY). 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.
4 SPRINGBANKS WAY is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 4 on SPRINGBANKS WAY.