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
47 GRESHAM DRIVE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £195,000 in March 2015, which was around 37% below the average March 2015 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 47 GRESHAM DRIVE since 1st 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 47 GRESHAM DRIVE 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 |
---|---|---|---|
2015 31 MAR | £195,000 | £311,715 | 37% below HPI |
2013 1 NOV | £178,000 | £284,221 | 37% below HPI |
2001 26 APR | £95,500 | £153,953 | 38% below HPI |
2000 22 NOV | £93,500 | £153,693 | 39% 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 four 47 GRESHAM DRIVE sales between November 2000 and March 2015 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 November 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2015 sale, which was also at 37% below the HPI.
47 GRESHAM DRIVE is 86m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 47 GRESHAM DRIVE lies on this distribution: 19% of detached houses are smaller than 47 GRESHAM DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Northampton.
47 GRESHAM DRIVE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 47 GRESHAM DRIVE, 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 47 GRESHAM DRIVE). 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.
47 GRESHAM DRIVE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 47 on GRESHAM DRIVE.