3, THE CLOSE, ROADE, NORTHAMPTON, NN7 2PH - £285,000

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 THE CLOSE is a very small extended semi-detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £307,994. It was last sold for £285,000 in March 2022, which was around 8% above the average March 2022 semi-detached price in the West Northamptonshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

3 THE CLOSE Sold Prices

Land registry data shows three sales for 3 THE 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. One of the three 3 THE CLOSE sales was for above the average price, whilst two 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 1 MAR	£285,000	£265,006	8% above HPI
2016 22 JAN	£190,000	£196,997	4% below HPI
2013 31 MAY	£142,500	£158,339	10% below HPI

3 THE 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 THE CLOSE sales between May 2013 and March 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 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 THE CLOSE be worth now?

3 THE CLOSE might now be worth an estimated £307,994.

This is based on house price inflation of 8.1%, between March 2022 and April 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 8.1% inflationary increase is applied to the most recent sale price for 3 THE CLOSE of £285,000 on 1st March 2022. For the value to have increased from £285,000 to £307,994 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 3 THE CLOSE has moved in line with the HPI for semi-detached houses in the West Northamptonshire local authority area.
• The March 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE CLOSE has not materially changed since March 2022.

How Large is 3 THE CLOSE?

3 THE CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of semi-detached houses houses in Roade, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Roade, and where 3 THE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 3 THE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Roade.

3 THE CLOSE: Plot and Title Map

3 THE CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 3 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 3 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 3 THE CLOSE?

3 THE CLOSE is located in ROADE, in the NN7 postcode district. The below map shows the position of No. 3 on THE CLOSE.