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
40 POUND LANE is a small detached house of 114m², built sometime between 1991 and 1995. It was last sold for £432,500 in May 2023, which was around 5% below the average May 2023 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 40 POUND LANE 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 40 POUND LANE 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 |
---|---|---|---|
2023 26 MAY | £432,500 | £454,269 | 5% below HPI |
2016 19 OCT | £350,000 | £360,583 | 3% 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 40 POUND LANE sales from October 2016 and May 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 October 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
40 POUND LANE is 114m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Bugbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Bugbrooke, and where 40 POUND LANE lies on this distribution: 32% of detached houses are smaller than 40 POUND LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bugbrooke.
40 POUND LANE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 40 POUND 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 40 POUND 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.
40 POUND LANE is located in BUGBROOKE, in the NN7 postcode district. The below map shows the position of No. 40 on POUND LANE.