7, MAY CLOSE, RUSHDEN, NN10 0GF - £462,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MAY CLOSE is a large extended detached house of 140m², built sometime between 1996 and 2002, which could now be worth an estimated £494,383. It was last sold for £462,500 in January 2022, which was around 21% above the average January 2022 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

7 MAY CLOSE Sold Prices

Land registry data shows four sales for 7 MAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 7 MAY 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
2022 26 JAN	£462,500	£383,041	21% above HPI
2013 31 OCT	£276,000	£220,750	25% above HPI
2002 19 JUL	£191,000	£143,426	33% above HPI
2000 18 FEB	£138,701	£96,409	44% above HPI

7 MAY 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 four 7 MAY CLOSE sales between February 2000 and January 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 October 2013 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 7 MAY CLOSE be worth now?

7 MAY CLOSE might now be worth an estimated £494,383.

This is based on house price inflation of 6.9%, between January 2022 and December 2024, 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 6.9% inflationary increase is applied to the most recent sale price for 7 MAY CLOSE of £462,500 on 26th January 2022. For the value to have increased from £462,500 to £494,383 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 7 MAY CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The January 2022 sale price of £462,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MAY CLOSE has not materially changed since January 2022.

How Large is 7 MAY CLOSE?

7 MAY CLOSE is 140m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses houses in Rushden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rushden, and where 7 MAY CLOSE lies on this distribution: 77% of detached houses houses are smaller than 7 MAY CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Rushden.

7 MAY CLOSE: Plot and Title Map

7 MAY CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 7 MAY 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 7 MAY 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 7 MAY CLOSE?

7 MAY CLOSE is located in RUSHDEN, in the NN10 postcode district. The below map shows the position of No. 7 on MAY CLOSE.