12, RAKESTONE CLOSE, NORTHAMPTON, NN4 0TX - £255,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 RAKESTONE CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £266,131. It was last sold for £255,000 in April 2022, which was around 44% below the average April 2022 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

12 RAKESTONE CLOSE Sold Prices

Land registry data shows five sales for 12 RAKESTONE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the five 12 RAKESTONE 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
2022 1 APR	£255,000	£452,680	44% below HPI
2012 4 OCT	£157,000	£271,672	42% below HPI
2006 15 NOV	£160,000	£279,517	43% below HPI
2003 22 AUG	£135,000	£226,590	40% below HPI
1999 10 SEP	£68,000	£129,821	48% below HPI

12 RAKESTONE CLOSE 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 five 12 RAKESTONE CLOSE sales between September 1999 and April 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 October 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 12 RAKESTONE CLOSE be worth now?

12 RAKESTONE CLOSE might now be worth an estimated £266,131.

This is based on house price inflation of 4.4%, between April 2022 and July 2026, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.4% inflationary increase is applied to the most recent sale price for 12 RAKESTONE CLOSE of £255,000 on 1st April 2022. For the value to have increased from £255,000 to £266,131 over the three years and nine months to July 2026, the following assumptions must hold true:

• The value of 12 RAKESTONE CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The April 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RAKESTONE CLOSE has not materially changed since April 2022.

How Large is 12 RAKESTONE CLOSE?

12 RAKESTONE CLOSE is 63m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northampton, and where 12 RAKESTONE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 12 RAKESTONE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Northampton.

12 RAKESTONE CLOSE: Plot and Title Map

12 RAKESTONE CLOSE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 12 RAKESTONE 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 12 RAKESTONE 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.

Where is 12 RAKESTONE CLOSE?

12 RAKESTONE CLOSE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 12 on RAKESTONE CLOSE.