5, THE CLOSE, ROADE, NORTHAMPTON, NN7 2PH - £235,000

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 THE CLOSE is a very small semi-detached house of 45m², built sometime between 1967 and 1975, which could now be worth an estimated £293,228. It was last sold for £235,000 in July 2019, which was around 3% above the average July 2019 semi-detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

5 THE CLOSE Sold Prices

Land registry data shows five sales for 5 THE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the West Northamptonshire local authority area for the corresponding sale date. The five 5 THE CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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
2019 5 JUL	£235,000	£228,303	3% above HPI
2011 2 SEP	£150,500	£155,750	3% below HPI
2004 19 MAR	£122,000	£136,339	11% below HPI
2000 1 DEC	£83,500	£83,394	Close to HPI
1995 31 AUG	£40,000	£48,963	18% below HPI

5 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 five 5 THE CLOSE sales between August 1995 and July 2019 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 September 2011 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 5 THE CLOSE be worth now?

5 THE CLOSE might now be worth an estimated £293,228.

This is based on house price inflation of 24.8%, between July 2019 and June 2025, 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 24.8% inflationary increase is applied to the most recent sale price for 5 THE CLOSE of £235,000 on 5th July 2019. For the value to have increased from £235,000 to £293,228 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 5 THE CLOSE has moved in line with the HPI for semi-detached houses in the West Northamptonshire local authority area.
• The July 2019 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE CLOSE has not materially changed since July 2019.

How Large is 5 THE CLOSE?

5 THE CLOSE is 45m² according to the EPC inspection conducted in July 2011. 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 5 THE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 5 THE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Roade.

5 THE CLOSE: Plot and Title Map

5 THE CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 5 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 5 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 5 THE CLOSE?

5 THE CLOSE is located in ROADE, in the NN7 postcode district. The below map shows the position of No. 5 on THE CLOSE.