62, THE VALE, NORTHAMPTON, NN1 4ST - £222,000

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.

62 THE VALE is a small extended terraced house of 96m², built sometime between 1900 and 1929, which could now be worth an estimated £298,766. It was last sold for £222,000 in February 2017, which was around 27% above the average February 2017 terraced price in the West Northamptonshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

62 THE VALE Sold Prices

Land registry data shows six sales for 62 THE VALE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the West Northamptonshire local authority area for the corresponding sale date. Most of the six 62 THE VALE sales were for above 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
2017 8 FEB	£222,000	£174,827	27% above HPI
2013 8 MAY	£187,000	£130,252	44% above HPI
2003 5 DEC	£160,000	£105,112	52% above HPI
1999 29 OCT	£25,000	£54,751	54% below HPI
1999 9 JUL	£82,500	£52,750	56% above HPI
1996 1 OCT	£59,250	£39,376	50% above HPI

62 THE VALE 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 six 62 THE VALE sales between October 1996 and February 2017 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 2013 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the February 2017 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 62 THE VALE be worth now?

62 THE VALE might now be worth an estimated £298,766.

This is based on house price inflation of 34.6%, between February 2017 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 34.6% inflationary increase is applied to the most recent sale price for 62 THE VALE of £222,000 on 8th February 2017. For the value to have increased from £222,000 to £298,766 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 62 THE VALE has moved in line with the HPI for terraced houses in the West Northamptonshire local authority area.
• The February 2017 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 62 THE VALE has not materially changed since February 2017.

How Large is 62 THE VALE?

62 THE VALE is 96m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% 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 62 THE VALE lies on this distribution: 30% of terraced houses houses are smaller than 62 THE VALE, and 69% of houses are larger. Note that EPC data is not available for all properties in Northampton.

62 THE VALE: Plot and Title Map

62 THE VALE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 62 THE VALE, 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 62 THE VALE). 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 62 THE VALE?

62 THE VALE is located in NORTHAMPTON, in the NN1 postcode district. The below map shows the position of No. 62 on THE VALE.