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 THE CHOAKLES is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £325,000 in June 2021, which was around 20% below the average June 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 THE CHOAKLES 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. All of the three 8 THE CHOAKLES 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 |
---|---|---|---|
2021 25 JUN | £325,000 | £404,279 | 20% below HPI |
2009 20 NOV | £186,000 | £261,390 | 29% below HPI |
1995 27 JAN | £75,000 | £84,835 | 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 three 8 THE CHOAKLES sales between January 1995 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 November 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
8 THE CHOAKLES is 88m², which includes one extension, according to the EPC inspection conducted in March 2021. 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 8 THE CHOAKLES lies on this distribution: 21% of detached houses are smaller than 8 THE CHOAKLES, and 77% of houses are larger. Note that EPC data is not available for all properties in Northampton.
8 THE CHOAKLES sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 8 THE CHOAKLES, 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 THE CHOAKLES). 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 THE CHOAKLES is located in WOOTTON, in the NN4 postcode district. The below map shows the position of No. 8 on THE CHOAKLES.