5, MEREWAY, BARTON SEAGRAVE, KETTERING, NN15 6WR - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MEREWAY is a small detached house of 105m², which could now be worth an estimated £382,956. It was last sold for £315,000 in July 2020, which was around 6% below the average July 2020 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was B.

5 MEREWAY Sold Prices

Land registry data shows two sales for 5 MEREWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two 5 MEREWAY 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
2020 22 JUL	£315,000	£335,395	6% below HPI
2017 11 MAY	£265,950	£298,425	11% below HPI

5 MEREWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The two 5 MEREWAY sales from May 2017 and July 2020 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 May 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 MEREWAY be worth now?

5 MEREWAY might now be worth an estimated £382,956.

This is based on house price inflation of 21.6%, between July 2020 and February 2025, for detached houses, in the North Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 5 MEREWAY of £315,000 on 22nd July 2020. For the value to have increased from £315,000 to £382,956 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 5 MEREWAY has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The July 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEREWAY has not materially changed since July 2020.

How Large is 5 MEREWAY?

5 MEREWAY is 105m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses houses in Kettering, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kettering, and where 5 MEREWAY lies on this distribution: 39% of detached houses houses are smaller than 5 MEREWAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Kettering.

5 MEREWAY: Plot and Title Map

5 MEREWAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 5 MEREWAY, 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 MEREWAY). 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 5 MEREWAY?

5 MEREWAY is located in BARTON SEAGRAVE, in the NN15 postcode district. The below map shows the position of No. 5 on MEREWAY.