SCHOOL HOUSE, SPRING LANE, NORTHAMPTON, NN1 2JW - £113,000

SCHOOL HOUSE is a small extended semi-detached house of 100m², built sometime before 1900. It was last sold for £113,000 in November 2015, which was around 66% below the average November 2015 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

SCHOOL HOUSE Sold Prices

Land registry data shows two sales for SCHOOL HOUSE 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 SCHOOL HOUSE 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 17 NOV	£113,000	£333,722	66% below HPI
2009 3 AUG	£70,000	£247,374	72% below HPI

SCHOOL HOUSE 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 SCHOOL HOUSE sales from August 2009 and November 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 August 2009 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the November 2015 sale, where it rises to 66% below the HPI. The line then continues to track at 66% below the HPI.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 100m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where SCHOOL HOUSE lies on this distribution: 35% of detached houses are smaller than SCHOOL HOUSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Northampton.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

SCHOOL HOUSE is located on SPRING LANE in NORTHAMPTON, in the NN1 postcode district. The below map shows the position of SCHOOL HOUSE on SPRING LANE.