2, THE CLOSE, NORTHAMPTON, NN2 7TW - £320,000

2 THE CLOSE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £320,000 in August 2022, which was around 34% below the average August 2022 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

2 THE CLOSE Sold Prices

Land registry data shows three sales for 2 THE CLOSE 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 THE 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 26 AUG	£320,000	£481,915	34% below HPI
2015 23 JAN	£205,000	£307,544	33% below HPI
2008 30 MAY	£187,000	£279,094	33% below HPI

2 THE 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 three 2 THE CLOSE sales between May 2008 and August 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 January 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 THE CLOSE?

2 THE CLOSE is 69m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 2 THE CLOSE lies on this distribution: 7% of detached houses are smaller than 2 THE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Northampton.

2 THE CLOSE: Plot and Title Map

2 THE CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 2 THE 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 THE 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 THE CLOSE?

2 THE CLOSE is located in NORTHAMPTON, in the NN2 postcode district. The below map shows the position of No. 2 on THE CLOSE.