5, WATERMILL CLOSE, DESBOROUGH, KETTERING, NN14 2XW - £500,000

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 WATERMILL CLOSE is a large extended detached house of 143m², built sometime between 1991 and 1995, which could now be worth an estimated £506,910. It was last sold for £500,000 in October 2023, which was around 24% above the average October 2023 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

5 WATERMILL CLOSE Sold Prices

Land registry data shows two sales for 5 WATERMILL CLOSE 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 WATERMILL 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
2023 9 OCT	£500,000	£402,193	24% above HPI
2008 11 JAN	£249,950	£238,557	5% above HPI

5 WATERMILL CLOSE 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 WATERMILL CLOSE sales from January 2008 and October 2023 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 January 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 5 WATERMILL CLOSE be worth now?

5 WATERMILL CLOSE might now be worth an estimated £506,910.

This is based on house price inflation of 1.4%, between October 2023 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 1.4% inflationary increase is applied to the most recent sale price for 5 WATERMILL CLOSE of £500,000 on 9th October 2023. For the value to have increased from £500,000 to £506,910 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 WATERMILL CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The October 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WATERMILL CLOSE has not materially changed since October 2023.

How Large is 5 WATERMILL CLOSE?

5 WATERMILL CLOSE is 143m², which includes four extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses houses in Desborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Desborough, and where 5 WATERMILL CLOSE lies on this distribution: 77% of detached houses houses are smaller than 5 WATERMILL CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Desborough.

5 WATERMILL CLOSE: Plot and Title Map

5 WATERMILL CLOSE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 5 WATERMILL 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 WATERMILL 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 WATERMILL CLOSE?

5 WATERMILL CLOSE is located in DESBOROUGH, in the NN14 postcode district. The below map shows the position of No. 5 on WATERMILL CLOSE.