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
41 WATER LANE is a very large extended detached house of 193m², built sometime before 1900. It was last sold for £450,000 in March 2018, which was around 39% above the average March 2018 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was A.
Land registry data shows three sales for 41 WATER LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 41 WATER LANE sales were 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 |
---|---|---|---|
2018 20 MAR | £450,000 | £323,930 | 39% above HPI |
2010 1 OCT | £350,000 | £217,508 | 61% above HPI |
2002 31 JUL | £151,000 | £143,634 | 5% above HPI |
The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The three 41 WATER LANE sales between July 2002 and March 2018 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 2010 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the March 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.
41 WATER LANE is 193m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Chelveston, based on EPC data. The below chart shows the distribution of detached houses by size in Chelveston, and where 41 WATER LANE lies on this distribution: 83% of detached houses are smaller than 41 WATER LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chelveston.
41 WATER LANE sits on a plot of roughly 0.226 of an acre, or 913m². The below map shows the location of 41 WATER 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 41 WATER 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.
41 WATER LANE is located in CHELVESTON, in the NN9 postcode district. The below map shows the position of No. 41 on WATER LANE.