5, PARSONS CLOSE, NETHER HEYFORD, NORTHAMPTON, NN7 3NJ - £347,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 PARSONS CLOSE is a large extended detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £585,839. It was last sold for £347,500 in July 2013, which was around 25% above the average July 2013 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

5 PARSONS CLOSE Sold Prices

Land registry data shows three sales for 5 PARSONS CLOSE 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 5 PARSONS CLOSE sales were for above 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
2013 31 JUL	£347,500	£278,086	25% above HPI
2007 23 MAR	£367,000	£283,365	30% above HPI
1995 23 OCT	£105,000	£86,013	22% above HPI

5 PARSONS CLOSE 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 5 PARSONS CLOSE sales between October 1995 and July 2013 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 March 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2013 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 5 PARSONS CLOSE be worth now?

5 PARSONS CLOSE might now be worth an estimated £585,839.

This is based on house price inflation of 68.6%, between July 2013 and December 2024, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.6% inflationary increase is applied to the most recent sale price for 5 PARSONS CLOSE of £347,500 on 31st July 2013. For the value to have increased from £347,500 to £585,839 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 PARSONS CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The July 2013 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PARSONS CLOSE has not materially changed since July 2013.

How Large is 5 PARSONS CLOSE?

5 PARSONS CLOSE is 150m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses houses in Nether Heyford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nether Heyford, and where 5 PARSONS CLOSE lies on this distribution: 63% of detached houses houses are smaller than 5 PARSONS CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Nether Heyford.

5 PARSONS CLOSE: Plot and Title Map

5 PARSONS CLOSE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 5 PARSONS 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 PARSONS 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.

Where is 5 PARSONS CLOSE?

5 PARSONS CLOSE is located in NETHER HEYFORD, in the NN7 postcode district. The below map shows the position of No. 5 on PARSONS CLOSE.