8, CHAPEL LANE, FLORE, NORTHAMPTON, NN7 4LF - £345,000

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

8 CHAPEL LANE is a very large extended detached house of 203m², built sometime between 1996 and 2002. It was last sold for £345,000 in February 2021, which was around 15% below the average February 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

8 CHAPEL LANE Sold Prices

Land registry data shows four sales for 8 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. two of the four 8 CHAPEL LANE sales were for below the average price, and four 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
2021 19 FEB	£345,000	£406,983	15% below HPI
2010 17 MAY	£270,000	£267,105	1% above HPI
1996 16 OCT	£105,000	£90,163	16% above HPI
1996 29 FEB	£29,000	£85,918	66% below HPI

8 CHAPEL LANE 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 four 8 CHAPEL LANE sales between February 1996 and February 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 May 2010 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 CHAPEL LANE?

8 CHAPEL LANE is 203m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Flore, based on EPC data. The below chart shows the distribution of detached houses by size in Flore, and where 8 CHAPEL LANE lies on this distribution: 80% of detached houses are smaller than 8 CHAPEL LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Flore.

8 CHAPEL LANE: Plot and Title Map

8 CHAPEL LANE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 8 CHAPEL 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 8 CHAPEL 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.

Where is 8 CHAPEL LANE?

8 CHAPEL LANE is located in FLORE, in the NN7 postcode district. The below map shows the position of No. 8 on CHAPEL LANE.