8, BUCHANAN CLOSE, NORTHAMPTON, NN4 8RA - £226,500

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.

8 BUCHANAN CLOSE is a small detached house of 100m², built sometime between 1991 and 1995, which could now be worth an estimated £345,568. It was last sold for £226,500 in December 2014, which was around 27% below the average December 2014 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

8 BUCHANAN CLOSE Sold Prices

Land registry data shows five sales for 8 BUCHANAN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the five 8 BUCHANAN CLOSE 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
2014 19 DEC	£226,500	£310,917	27% below HPI
2007 5 APR	£197,000	£283,922	31% below HPI
2002 8 APR	£134,000	£178,258	25% below HPI
2001 30 MAR	£117,000	£155,360	25% below HPI
1997 4 AUG	£97,950	£102,975	5% below HPI

8 BUCHANAN CLOSE 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 five 8 BUCHANAN CLOSE sales between August 1997 and December 2014 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 April 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 8 BUCHANAN CLOSE be worth now?

8 BUCHANAN CLOSE might now be worth an estimated £345,568.

This is based on house price inflation of 52.6%, between December 2014 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 52.6% inflationary increase is applied to the most recent sale price for 8 BUCHANAN CLOSE of £226,500 on 19th December 2014. For the value to have increased from £226,500 to £345,568 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 BUCHANAN CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The December 2014 sale price of £226,500 represented a fair market value for the property.
• The size, condition, and specification of 8 BUCHANAN CLOSE has not materially changed since December 2014.

How Large is 8 BUCHANAN CLOSE?

8 BUCHANAN CLOSE is 100m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% 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 8 BUCHANAN CLOSE lies on this distribution: 35% of detached houses houses are smaller than 8 BUCHANAN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Northampton.

8 BUCHANAN CLOSE: Plot and Title Map

8 BUCHANAN CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 8 BUCHANAN 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 8 BUCHANAN 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 8 BUCHANAN CLOSE?

8 BUCHANAN CLOSE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 8 on BUCHANAN CLOSE.