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
43 BACK LANE is a small extended detached house of 97m², built sometime before 1900. It was last sold for £252,000 in March 2021, which was around 27% below the average March 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows three sales for 43 BACK 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 43 BACK 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 |
---|---|---|---|
2021 1 MAR | £252,000 | £347,026 | 27% below HPI |
2016 24 MAR | £162,500 | £270,627 | 40% below HPI |
2011 27 MAY | £124,000 | £212,738 | 42% below 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 43 BACK LANE sales between May 2011 and March 2021 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 March 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
43 BACK LANE is 97m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 40% of detached houses in Ringstead, based on EPC data. The below chart shows the distribution of detached houses by size in Ringstead, and where 43 BACK LANE lies on this distribution: 31% of detached houses are smaller than 43 BACK LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ringstead.
43 BACK LANE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 43 BACK 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 43 BACK 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.
43 BACK LANE is located in RINGSTEAD, in the NN14 postcode district. The below map shows the position of No. 43 on BACK LANE.