8, MARJORAM CLOSE, NORTHAMPTON, NN4 0SH - £370,000

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.

8 MARJORAM CLOSE is a midsized extended detached house of 121m², built sometime between 1991 and 1995, which could now be worth an estimated £449,731. It was last sold for £370,000 in September 2019, which was around 5% below the average September 2019 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

8 MARJORAM CLOSE Sold Prices

Land registry data shows three sales for 8 MARJORAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. One of the three 8 MARJORAM CLOSE sales was for below the average price, whilst two 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
2019 20 SEP	£370,000	£390,264	5% below HPI
1999 9 APR	£125,000	£120,006	4% above HPI
1995 30 NOV	£90,000	£84,965	6% above HPI

8 MARJORAM 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 three 8 MARJORAM CLOSE sales between November 1995 and September 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 April 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 8 MARJORAM CLOSE be worth now?

8 MARJORAM CLOSE might now be worth an estimated £449,731.

This is based on house price inflation of 21.5%, between September 2019 and February 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 21.5% inflationary increase is applied to the most recent sale price for 8 MARJORAM CLOSE of £370,000 on 20th September 2019. For the value to have increased from £370,000 to £449,731 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 MARJORAM CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The September 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARJORAM CLOSE has not materially changed since September 2019.

How Large is 8 MARJORAM CLOSE?

8 MARJORAM CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% 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 8 MARJORAM CLOSE lies on this distribution: 59% of detached houses houses are smaller than 8 MARJORAM CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Northampton.

8 MARJORAM CLOSE: Plot and Title Map

8 MARJORAM CLOSE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 8 MARJORAM 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 8 MARJORAM 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 8 MARJORAM CLOSE?

8 MARJORAM CLOSE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 8 on MARJORAM CLOSE.