4, RAKESTONE CLOSE, NORTHAMPTON, NN4 0TX - £190,000

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.

4 RAKESTONE CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £269,270. It was last sold for £190,000 in September 2015, which was around 43% below the average September 2015 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

4 RAKESTONE CLOSE Sold Prices

Land registry data shows two sales for 4 RAKESTONE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 4 RAKESTONE 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 2 SEP	£190,000	£335,227	43% below HPI
2003 31 OCT	£128,500	£236,148	46% below HPI

4 RAKESTONE CLOSE 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 two 4 RAKESTONE CLOSE sales from October 2003 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 October 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2015 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 4 RAKESTONE CLOSE be worth now?

4 RAKESTONE CLOSE might now be worth an estimated £269,270.

This is based on house price inflation of 41.7%, between September 2015 and March 2025, for 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 41.7% inflationary increase is applied to the most recent sale price for 4 RAKESTONE CLOSE of £190,000 on 2nd September 2015. For the value to have increased from £190,000 to £269,270 over the ten years and six months to March 2025, the following assumptions must hold true:

• The value of 4 RAKESTONE CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The September 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RAKESTONE CLOSE has not materially changed since September 2015.

How Large is 4 RAKESTONE CLOSE?

4 RAKESTONE CLOSE is 75m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northampton, and where 4 RAKESTONE CLOSE lies on this distribution: 10% of detached houses houses are smaller than 4 RAKESTONE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Northampton.

4 RAKESTONE CLOSE: Plot and Title Map

4 RAKESTONE CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 4 RAKESTONE 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 4 RAKESTONE 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 4 RAKESTONE CLOSE?

4 RAKESTONE CLOSE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 4 on RAKESTONE CLOSE.