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
57 GRESHAM DRIVE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £235,000 in July 2018, which was around 40% below the average July 2018 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 57 GRESHAM DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 57 GRESHAM DRIVE 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 |
---|---|---|---|
2018 9 JUL | £235,000 | £394,560 | 40% below HPI |
2012 31 JAN | £155,000 | £266,590 | 42% below HPI |
2006 5 OCT | £175,000 | £275,104 | 36% below HPI |
2004 6 FEB | £136,000 | £231,983 | 41% below HPI |
The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The four 57 GRESHAM DRIVE sales between February 2004 and July 2018 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 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2018 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
57 GRESHAM DRIVE is 70m² according to the EPC inspection conducted in May 2011. 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 57 GRESHAM DRIVE lies on this distribution: 7% of detached houses are smaller than 57 GRESHAM DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Northampton.
57 GRESHAM DRIVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 57 GRESHAM DRIVE, 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 57 GRESHAM DRIVE). 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.
57 GRESHAM DRIVE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 57 on GRESHAM DRIVE.