THREE TREES, PENFOLD DRIVE, GREAT BILLING, NORTHAMPTON, NN3 9EQ - £275,000

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

THREE TREES is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £275,000 in September 2015, which was around 17% below the average September 2015 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

THREE TREES Sold Prices

Land registry data shows three sales for THREE TREES 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. All of the three THREE TREES 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
2015 7 SEP	£275,000	£331,761	17% below HPI
2005 29 JUN	£205,000	£251,523	18% below HPI
1996 28 OCT	£59,000	£90,163	35% below HPI

THREE TREES 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 THREE TREES sales between October 1996 and September 2015 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 June 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2015 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is THREE TREES?

THREE TREES is 91m² according to the EPC inspection conducted in July 2015. 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 THREE TREES lies on this distribution: 25% of detached houses are smaller than THREE TREES, and 74% of houses are larger. Note that EPC data is not available for all properties in Northampton.

THREE TREES: Plot and Title Map

THREE TREES sits on a plot of roughly 0.182 of an acre, or 737m². The below map shows the location of THREE TREES, 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 THREE TREES). 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 THREE TREES?

THREE TREES is located on PENFOLD DRIVE in GREAT BILLING, in the NN3 postcode district. The below map shows the position of THREE TREES on PENFOLD DRIVE.