518, OBELISK RISE, NORTHAMPTON, NN2 8SY - £218,000

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

518 OBELISK RISE is a very small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £218,000 in March 2015, which was around 30% below the average March 2015 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

518 OBELISK RISE Sold Prices

Land registry data shows two sales for 518 OBELISK RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 518 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
2015 27 MAR	£218,000	£311,715	30% below HPI
1995 24 NOV	£50,000	£84,087	41% below HPI

518 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 two 518 OBELISK RISE sales from November 1995 and March 2015 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 November 1995 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 518 OBELISK RISE?

518 OBELISK RISE is 86m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 518 OBELISK RISE lies on this distribution: 19% of detached houses are smaller than 518 OBELISK RISE, and 80% of houses are larger. Note that EPC data is not available for all properties in Northampton.

518 OBELISK RISE: Plot and Title Map

518 OBELISK RISE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 518 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 518 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 518 OBELISK RISE?

518 OBELISK RISE is located in NORTHAMPTON, in the NN2 postcode district. The below map shows the position of No. 518 on OBELISK RISE.