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
72 VELOCETTE WAY is a small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £247,500 in September 2016, which was around 31% below the average September 2016 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 72 VELOCETTE WAY since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the six 72 VELOCETTE WAY 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 |
---|---|---|---|
2016 9 SEP | £247,500 | £358,542 | 31% below HPI |
2015 20 MAR | £206,000 | £311,715 | 34% below HPI |
2014 22 DEC | £210,000 | £307,703 | 32% below HPI |
2007 14 NOV | £197,500 | £296,595 | 33% below HPI |
2003 12 DEC | £165,000 | £229,975 | 28% below HPI |
1995 29 SEP | £66,000 | £85,724 | 23% 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 six 72 VELOCETTE WAY sales between September 1995 and September 2016 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 March 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
72 VELOCETTE WAY is 87m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 72 VELOCETTE WAY lies on this distribution: 20% of detached houses are smaller than 72 VELOCETTE WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Northampton.
72 VELOCETTE WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 72 VELOCETTE WAY, 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 72 VELOCETTE WAY). 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.
72 VELOCETTE WAY is located in NORTHAMPTON, in the NN5 postcode district. The below map shows the position of No. 72 on VELOCETTE WAY.