2, MAGPIE ROAD, TOWCESTER, NN12 6RJ - £285,000

2 MAGPIE ROAD is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £285,000 in September 2016, which was around 21% below the average September 2016 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

2 MAGPIE ROAD Sold Prices

Land registry data shows three sales for 2 MAGPIE ROAD 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 2 MAGPIE ROAD 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
2016 5 SEP	£285,000	£358,542	21% below HPI
2007 2 AUG	£249,995	£288,755	13% below HPI
2003 1 AUG	£150,000	£224,248	33% below HPI

2 MAGPIE ROAD 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 2 MAGPIE ROAD sales between August 2003 and September 2016 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 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 MAGPIE ROAD?

2 MAGPIE ROAD is 69m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Towcester, based on EPC data. The below chart shows the distribution of detached houses by size in Towcester, and where 2 MAGPIE ROAD lies on this distribution: 1% of detached houses are smaller than 2 MAGPIE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Towcester.

2 MAGPIE ROAD: Plot and Title Map

2 MAGPIE ROAD sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 MAGPIE ROAD, 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 2 MAGPIE ROAD). 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 2 MAGPIE ROAD?

2 MAGPIE ROAD is located in TOWCESTER, in the NN12 postcode district. The below map shows the position of No. 2 on MAGPIE ROAD.