THE LAKES, WELLINGBOROUGH ROAD, NORTHAMPTON, NN3 9BQ - £795,000

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

THE LAKES is a very large extended detached house of 277m², built sometime between 2007 and 2011. It was last sold for £795,000 in October 2022, which was around 70% above the average October 2022 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

THE LAKES Sold Prices

Land registry data shows three sales for THE LAKES since 1^st 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. Two of the three THE LAKES sales were for above the average price, whilst one was 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
2022 21 OCT	£795,000	£468,711	70% above HPI
2009 4 DEC	£585,000	£260,090	125% above HPI
2007 12 JUN	£178,150	£282,721	37% below HPI

THE LAKES 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 three THE LAKES sales between June 2007 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 December 2009 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the October 2022 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is THE LAKES?

THE LAKES is 277m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where THE LAKES lies on this distribution: 99% of detached houses are smaller than THE LAKES, and 1% of houses are larger. Note that EPC data is not available for all properties in Northampton.

THE LAKES: Plot and Title Map

THE LAKES sits on a plot of roughly 0.304 of an acre, or 1,230m². The below map shows the location of THE LAKES, 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 THE LAKES). 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 THE LAKES?

THE LAKES is located on WELLINGBOROUGH ROAD in NORTHAMPTON, in the NN3 postcode district. The below map shows the position of THE LAKES on WELLINGBOROUGH ROAD.