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
5 MALVERN CLOSE is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £235,000 in February 2021, which was around 32% below the average February 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 5 MALVERN CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the five 5 MALVERN CLOSE 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 19 FEB | £235,000 | £345,622 | 32% below HPI |
2004 13 JUL | £161,000 | £196,605 | 18% below HPI |
2004 3 JUN | £160,000 | £193,068 | 17% below HPI |
2001 30 APR | £81,950 | £112,429 | 27% below HPI |
1999 30 APR | £62,000 | £86,871 | 29% 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 five 5 MALVERN CLOSE sales between April 1999 and February 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
5 MALVERN CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Kettering, based on EPC data. The below chart shows the distribution of detached houses by size in Kettering, and where 5 MALVERN CLOSE lies on this distribution: 17% of detached houses are smaller than 5 MALVERN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Kettering.
5 MALVERN CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 5 MALVERN CLOSE, 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 5 MALVERN CLOSE). 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.
5 MALVERN CLOSE is located in KETTERING, in the NN16 postcode district. The below map shows the position of No. 5 on MALVERN CLOSE.