3, FURNACE LANE, NETHER HEYFORD, NORTHAMPTON, NN7 3JS - £425,000

3 FURNACE LANE is a midsized extended detached house of 130m², built sometime before 1900. It was last sold for £425,000 in November 2020, which was around 4% above the average November 2020 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

3 FURNACE LANE Sold Prices

Land registry data shows four sales for 3 FURNACE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Most of the four 3 FURNACE LANE sales were 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
2020 25 NOV	£425,000	£406,813	4% above HPI
2019 21 AUG	£400,000	£385,631	4% above HPI
2011 13 DEC	£290,000	£268,486	8% above HPI
2000 18 SEP	£145,000	£153,398	5% below HPI

3 FURNACE LANE 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 four 3 FURNACE LANE sales between September 2000 and November 2020 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 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2020 sale, which was also at 4% above the HPI.

How Large is 3 FURNACE LANE?

3 FURNACE LANE is 130m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Nether Heyford, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Heyford, and where 3 FURNACE LANE lies on this distribution: 54% of detached houses are smaller than 3 FURNACE LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Nether Heyford.

3 FURNACE LANE: Plot and Title Map

3 FURNACE LANE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 3 FURNACE LANE, 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 FURNACE LANE). 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 FURNACE LANE?

3 FURNACE LANE is located in NETHER HEYFORD, in the NN7 postcode district. The below map shows the position of No. 3 on FURNACE LANE.