MEWS COTTAGE, HIGHFIELD PARK, CREATON, NORTHAMPTON, NN6 8NT - £550,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MEWS COTTAGE is a small extended detached house of 131m², built sometime before 1900. It was last sold for £550,000 in October 2022, which was around 17% above the average October 2022 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

MEWS COTTAGE Sold Prices

Land registry data shows four sales for MEWS COTTAGE 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. All of the four MEWS COTTAGE sales 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
2022 28 OCT	£550,000	£468,711	17% above HPI
2005 12 AUG	£315,000	£256,258	23% above HPI
2001 25 OCT	£245,000	£170,198	44% above HPI
1997 9 OCT	£150,000	£104,484	44% above HPI

MEWS COTTAGE 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 MEWS COTTAGE sales between October 1997 and October 2022 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 August 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is MEWS COTTAGE?

MEWS COTTAGE is 131m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses in Creaton, based on EPC data. The below chart shows the distribution of detached houses by size in Creaton, and where MEWS COTTAGE lies on this distribution: 39% of detached houses are smaller than MEWS COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Creaton.

MEWS COTTAGE: Plot and Title Map

MEWS COTTAGE sits on a plot of roughly 0.205 of an acre, or 830m². The below map shows the location of MEWS COTTAGE, 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 MEWS COTTAGE). 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 MEWS COTTAGE?

MEWS COTTAGE is located on HIGHFIELD PARK in CREATON, in the NN6 postcode district. The below map shows the position of MEWS COTTAGE on HIGHFIELD PARK.