55, MILL LANE, KINGSTHORPE, NORTHAMPTON, NN2 6RQ - £285,000

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

55 MILL LANE is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £285,000 in October 2022, which was around 39% below the average October 2022 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

55 MILL LANE Sold Prices

Land registry data shows two sales for 55 MILL LANE 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 55 MILL LANE 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
2022 4 OCT	£285,000	£468,711	39% below HPI
2019 8 NOV	£200,000	£388,671	49% below HPI

55 MILL LANE 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 55 MILL LANE sales from November 2019 and October 2022 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 2019 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 55 MILL LANE?

55 MILL LANE is 56m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 55 MILL LANE lies on this distribution: 2% of detached houses are smaller than 55 MILL LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Northampton.

55 MILL LANE: Plot and Title Map

55 MILL LANE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 55 MILL LANE, 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 55 MILL LANE). 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 55 MILL LANE?

55 MILL LANE is located in KINGSTHORPE, in the NN2 postcode district. The below map shows the position of No. 55 on MILL LANE.