3, BUCHANAN CLOSE, NORTHAMPTON, NN4 8RA - £116,000

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.

3 BUCHANAN CLOSE is a midsized terraced house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £220,782. It was last sold for £116,000 in April 2005, which was around 6% below the average April 2005 terraced price in the West Northamptonshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

3 BUCHANAN CLOSE Sold Prices

Land registry data shows two sales for 3 BUCHANAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Northamptonshire local authority area for the corresponding sale date. One of the two 3 BUCHANAN CLOSE sales was for below the average price, whilst the other was for above 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
2005 25 APR	£116,000	£123,618	6% below HPI
1997 31 JAN	£46,000	£41,335	11% above HPI

3 BUCHANAN 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 two 3 BUCHANAN CLOSE sales from January 1997 and April 2005 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 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2005 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 BUCHANAN CLOSE be worth now?

3 BUCHANAN CLOSE might now be worth an estimated £220,782.

This is based on house price inflation of 90.3%, between April 2005 and May 2026, 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 90.3% inflationary increase is applied to the most recent sale price for 3 BUCHANAN CLOSE of £116,000 on 25th April 2005. For the value to have increased from £116,000 to £220,782 over the twenty years and eleven months to May 2026, the following assumptions must hold true:

• The value of 3 BUCHANAN CLOSE has moved in line with the HPI for terraced houses in the West Northamptonshire local authority area.
• The April 2005 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BUCHANAN CLOSE has not materially changed since April 2005.

How Large is 3 BUCHANAN CLOSE?

3 BUCHANAN CLOSE is 120m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% 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 3 BUCHANAN CLOSE lies on this distribution: 58% of terraced houses houses are smaller than 3 BUCHANAN CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Northampton.

3 BUCHANAN CLOSE: Plot and Title Map

3 BUCHANAN CLOSE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 3 BUCHANAN 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 3 BUCHANAN 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 3 BUCHANAN CLOSE?

3 BUCHANAN CLOSE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 3 on BUCHANAN CLOSE.