62, REEDWAY, NORTHAMPTON, NN3 6BT - £235,000

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.

62 REEDWAY is a very small detached house of 44m², built sometime between 1930 and 1949, which could now be worth an estimated £244,228. It was last sold for £235,000 in August 2024, which was around 49% below the average August 2024 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

62 REEDWAY Sold Prices

Land registry data shows two sales for 62 REEDWAY 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 62 REEDWAY 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
2024 30 AUG	£235,000	£456,438	49% below HPI
2016 25 NOV	£155,000	£369,493	58% below HPI

62 REEDWAY 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 62 REEDWAY sales from November 2016 and August 2024 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 2016 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the August 2024 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 62 REEDWAY be worth now?

62 REEDWAY might now be worth an estimated £244,228.

This is based on house price inflation of 3.9%, between August 2024 and February 2025, 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 3.9% inflationary increase is applied to the most recent sale price for 62 REEDWAY of £235,000 on 30th August 2024. For the value to have increased from £235,000 to £244,228 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 62 REEDWAY has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The August 2024 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 62 REEDWAY has not materially changed since August 2024.

How Large is 62 REEDWAY?

62 REEDWAY is 44m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northampton, and where 62 REEDWAY lies on this distribution: Less than 1% of detached houses houses are smaller than 62 REEDWAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Northampton.

62 REEDWAY: Plot and Title Map

62 REEDWAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 62 REEDWAY, 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 62 REEDWAY). 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 62 REEDWAY?

62 REEDWAY is located in NORTHAMPTON, in the NN3 postcode district. The below map shows the position of No. 62 on REEDWAY.