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
7 MURSWELL LANE is a small extended detached house of 128m², built sometime between 1983 and 1990. It was last sold for £410,000 in June 2021, which was around 1% above the average June 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 7 MURSWELL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. The three 7 MURSWELL LANE sales were a mix of above the average price, roughly equal to the average price, and 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 |
---|---|---|---|
2021 30 JUN | £410,000 | £404,279 | 1% above HPI |
2016 12 AUG | £355,000 | £354,880 | Close to HPI |
1997 27 MAR | £86,000 | £95,369 | 10% 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 three 7 MURSWELL LANE sales between March 1997 and June 2021 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 August 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.
7 MURSWELL LANE is 128m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Silverstone, based on EPC data. The below chart shows the distribution of detached houses by size in Silverstone, and where 7 MURSWELL LANE lies on this distribution: 35% of detached houses are smaller than 7 MURSWELL LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Silverstone.
7 MURSWELL LANE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 7 MURSWELL 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 7 MURSWELL 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.
7 MURSWELL LANE is located in SILVERSTONE, in the NN12 postcode district. The below map shows the position of No. 7 on MURSWELL LANE.