16, MARTEL CLOSE, NORTHAMPTON, NN5 6HA - £205,000

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.

16 MARTEL CLOSE is a very small extended terraced house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £239,142. It was last sold for £205,000 in May 2021, which was around 2% above the average May 2021 terraced price in the West Northamptonshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

16 MARTEL CLOSE Sold Prices

Land registry data shows three sales for 16 MARTEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Northamptonshire local authority area for the corresponding sale date. The three 16 MARTEL CLOSE sales were a mix of above the average price, and roughly equal to 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 19 MAY	£205,000	£200,227	2% above HPI
2006 21 DEC	£136,500	£136,954	Close to HPI
1996 25 JUN	£40,000	£38,609	4% above HPI

16 MARTEL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Northamptonshire local authority area over time, sourced from the HPI. The three 16 MARTEL CLOSE sales between June 1996 and May 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 December 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 16 MARTEL CLOSE be worth now?

16 MARTEL CLOSE might now be worth an estimated £239,142.

This is based on house price inflation of 16.7%, between May 2021 and June 2025, for terraced 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 16.7% inflationary increase is applied to the most recent sale price for 16 MARTEL CLOSE of £205,000 on 19th May 2021. For the value to have increased from £205,000 to £239,142 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 16 MARTEL CLOSE has moved in line with the HPI for terraced houses in the West Northamptonshire local authority area.
• The May 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARTEL CLOSE has not materially changed since May 2021.

How Large is 16 MARTEL CLOSE?

16 MARTEL CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of terraced houses houses in Northampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Northampton, and where 16 MARTEL CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 16 MARTEL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Northampton.

16 MARTEL CLOSE: Plot and Title Map

16 MARTEL CLOSE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 16 MARTEL 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 16 MARTEL 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 16 MARTEL CLOSE?

16 MARTEL CLOSE is located in NORTHAMPTON, in the NN5 postcode district. The below map shows the position of No. 16 on MARTEL CLOSE.