5, CUMBERLAND CLOSE, NORTHAMPTON, NN3 2AD - £335,000

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.

5 CUMBERLAND CLOSE is a large extended detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £401,019. It was last sold for £335,000 in June 2018, which was around 15% below the average June 2018 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

5 CUMBERLAND CLOSE Sold Prices

Land registry data shows two sales for 5 CUMBERLAND 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 5 CUMBERLAND 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
2018 4 JUN	£335,000	£395,768	15% below HPI
1999 30 APR	£89,000	£120,006	26% below HPI

5 CUMBERLAND 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 5 CUMBERLAND CLOSE sales from April 1999 and June 2018 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 April 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 CUMBERLAND CLOSE be worth now?

5 CUMBERLAND CLOSE might now be worth an estimated £401,019.

This is based on house price inflation of 19.7%, between June 2018 and May 2026, 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 19.7% inflationary increase is applied to the most recent sale price for 5 CUMBERLAND CLOSE of £335,000 on 4th June 2018. For the value to have increased from £335,000 to £401,019 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 5 CUMBERLAND CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The June 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CUMBERLAND CLOSE has not materially changed since June 2018.

How Large is 5 CUMBERLAND CLOSE?

5 CUMBERLAND CLOSE is 146m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 30% 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 5 CUMBERLAND CLOSE lies on this distribution: 79% of detached houses houses are smaller than 5 CUMBERLAND CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Northampton.

5 CUMBERLAND CLOSE: Plot and Title Map

5 CUMBERLAND CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 5 CUMBERLAND 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 5 CUMBERLAND 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 5 CUMBERLAND CLOSE?

5 CUMBERLAND CLOSE is located in NORTHAMPTON, in the NN3 postcode district. The below map shows the position of No. 5 on CUMBERLAND CLOSE.