3, MARTEL CLOSE, NORTHAMPTON, NN5 6HA - £116,500

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 MARTEL CLOSE is a very small extended semi-detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £240,051. It was last sold for £116,500 in May 2009, which was around 16% below the average May 2009 semi-detached price in the West Northamptonshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

3 MARTEL CLOSE Sold Prices

Land registry data shows three sales for 3 MARTEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the three 3 MARTEL 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
2009 28 MAY	£116,500	£138,754	16% below HPI
1999 26 NOV	£60,000	£72,527	17% below HPI
1999 8 JAN	£46,750	£63,694	27% below HPI

3 MARTEL 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 three 3 MARTEL CLOSE sales between January 1999 and May 2009 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 November 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2009 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 MARTEL CLOSE be worth now?

3 MARTEL CLOSE might now be worth an estimated £240,051.

This is based on house price inflation of 106.1%, between May 2009 and May 2026, 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 106.1% inflationary increase is applied to the most recent sale price for 3 MARTEL CLOSE of £116,500 on 28th May 2009. For the value to have increased from £116,500 to £240,051 over the seventeen years to May 2026, the following assumptions must hold true:

• The value of 3 MARTEL CLOSE has moved in line with the HPI for semi-detached houses in the West Northamptonshire local authority area.
• The May 2009 sale price of £116,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MARTEL CLOSE has not materially changed since May 2009.

How Large is 3 MARTEL CLOSE?

3 MARTEL CLOSE is 57m², which includes one extension, according to the EPC inspection conducted in December 2018. 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 3 MARTEL CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 3 MARTEL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Northampton.

3 MARTEL CLOSE: Plot and Title Map

3 MARTEL CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 3 MARTEL 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 MARTEL 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 MARTEL CLOSE?

3 MARTEL CLOSE is located in NORTHAMPTON, in the NN5 postcode district. The below map shows the position of No. 3 on MARTEL CLOSE.