2, MELCHESTER CLOSE, HARDINGSTONE, NORTHAMPTON, NN4 6FE - £200,000

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.

2 MELCHESTER CLOSE is a very small semi-detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £213,896. It was last sold for £200,000 in April 2022, which was around 25% below the average April 2022 semi-detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 MELCHESTER CLOSE Sold Prices

Land registry data shows four sales for 2 MELCHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 2 MELCHESTER 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 13 APR	£200,000	£266,365	25% below HPI
2001 10 AUG	£79,500	£91,712	13% below HPI
1998 3 APR	£60,000	£61,537	2% below HPI
1995 30 JUN	£45,950	£49,052	6% below HPI

2 MELCHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The four 2 MELCHESTER CLOSE sales between June 1995 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 August 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 MELCHESTER CLOSE be worth now?

2 MELCHESTER CLOSE might now be worth an estimated £213,896.

This is based on house price inflation of 6.9%, between April 2022 and June 2025, for semi-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 6.9% inflationary increase is applied to the most recent sale price for 2 MELCHESTER CLOSE of £200,000 on 13th April 2022. For the value to have increased from £200,000 to £213,896 over the two years and ten months to June 2025, the following assumptions must hold true:

• The value of 2 MELCHESTER CLOSE has moved in line with the HPI for semi-detached houses in the West Northamptonshire local authority area.
• The April 2022 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MELCHESTER CLOSE has not materially changed since April 2022.

How Large is 2 MELCHESTER CLOSE?

2 MELCHESTER CLOSE is 57m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of semi-detached houses houses in Northampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Northampton, and where 2 MELCHESTER CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 2 MELCHESTER CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Northampton.

2 MELCHESTER CLOSE: Plot and Title Map

2 MELCHESTER CLOSE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 2 MELCHESTER 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 2 MELCHESTER 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 2 MELCHESTER CLOSE?

2 MELCHESTER CLOSE is located in HARDINGSTONE, in the NN4 postcode district. The below map shows the position of No. 2 on MELCHESTER CLOSE.