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 FARADAY CLOSE is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £260,700 in May 2017, which was around 29% below the average May 2017 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 FARADAY CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 8 FARADAY 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 |
---|---|---|---|
2017 23 MAY | £260,700 | £369,532 | 29% below HPI |
1997 27 FEB | £83,995 | £94,927 | 12% 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 two 8 FARADAY CLOSE sales from February 1997 and May 2017 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 February 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
8 FARADAY CLOSE is 101m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 8 FARADAY CLOSE lies on this distribution: 37% of detached houses are smaller than 8 FARADAY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Northampton.
8 FARADAY CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 8 FARADAY 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 FARADAY 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.
8 FARADAY CLOSE is located in UPTON, in the NN5 postcode district. The below map shows the position of No. 8 on FARADAY CLOSE.