44, VELOCETTE WAY, NORTHAMPTON, NN5 6YF - £240,000

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

44 VELOCETTE WAY is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £240,000 in January 2021, which was around 42% below the average January 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

44 VELOCETTE WAY Sold Prices

Land registry data shows four sales for 44 VELOCETTE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 44 VELOCETTE 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
2021 8 JAN	£240,000	£411,115	42% below HPI
2016 29 JUL	£200,000	£353,352	43% below HPI
2002 24 MAY	£106,500	£177,651	40% below HPI
2000 12 NOV	£92,500	£153,693	40% below HPI

44 VELOCETTE WAY 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 four 44 VELOCETTE WAY sales between November 2000 and January 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 July 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 44 VELOCETTE WAY?

44 VELOCETTE WAY is 69m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 44 VELOCETTE WAY lies on this distribution: 7% of detached houses are smaller than 44 VELOCETTE WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Northampton.

44 VELOCETTE WAY: Plot and Title Map

44 VELOCETTE WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 44 VELOCETTE 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 44 VELOCETTE 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.

Where is 44 VELOCETTE WAY?

44 VELOCETTE WAY is located in NORTHAMPTON, in the NN5 postcode district. The below map shows the position of No. 44 on VELOCETTE WAY.