3, PEACE CLOSE, NORTHAMPTON, NN4 8RY - £139,995

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 PEACE CLOSE is a very small terraced house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £208,479. It was last sold for £139,995 in September 2015, which was around 11% below the average September 2015 terraced price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

3 PEACE CLOSE Sold Prices

Land registry data shows two sales for 3 PEACE 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. Both of the two 3 PEACE 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
2015 30 SEP	£139,995	£157,993	11% below HPI
2004 7 MAY	£80,000	£113,130	29% below HPI

3 PEACE 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 PEACE CLOSE sales from May 2004 and September 2015 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 May 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 PEACE CLOSE be worth now?

3 PEACE CLOSE might now be worth an estimated £208,479.

This is based on house price inflation of 48.9%, between September 2015 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 48.9% inflationary increase is applied to the most recent sale price for 3 PEACE CLOSE of £139,995 on 30th September 2015. For the value to have increased from £139,995 to £208,479 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 3 PEACE CLOSE has moved in line with the HPI for terraced houses in the West Northamptonshire local authority area.
• The September 2015 sale price of £139,995 represented a fair market value for the property.
• The size, condition, and specification of 3 PEACE CLOSE has not materially changed since September 2015.

How Large is 3 PEACE CLOSE?

3 PEACE CLOSE is 70m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% 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 PEACE CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 3 PEACE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Northampton.

3 PEACE CLOSE: Plot and Title Map

3 PEACE CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 3 PEACE 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 PEACE 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 PEACE CLOSE?

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