490, OBELISK RISE, NORTHAMPTON, NN2 8SX - £285,000

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

490 OBELISK RISE is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £285,000 in August 2018, which was around 28% below the average August 2018 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

490 OBELISK RISE Sold Prices

Land registry data shows three sales for 490 OBELISK RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the three 490 OBELISK RISE 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
2018 14 AUG	£285,000	£394,552	28% below HPI
2015 9 OCT	£182,000	£333,162	45% below HPI
1999 22 OCT	£79,000	£130,244	39% below HPI

490 OBELISK RISE 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 three 490 OBELISK RISE sales between October 1999 and August 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 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 490 OBELISK RISE?

490 OBELISK RISE is 95m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 490 OBELISK RISE lies on this distribution: 30% of detached houses are smaller than 490 OBELISK RISE, and 69% of houses are larger. Note that EPC data is not available for all properties in Northampton.

490 OBELISK RISE: Plot and Title Map

490 OBELISK RISE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 490 OBELISK RISE, 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 490 OBELISK RISE). 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 490 OBELISK RISE?

490 OBELISK RISE is located in NORTHAMPTON, in the NN2 postcode district. The below map shows the position of No. 490 on OBELISK RISE.