Tag: Northamptonshire

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Northamptonshire NN17 Property Market Update – August 2023

Trellows Market Update

Northamptonshire NN17 Property Market Update – August 2023

**Exploring House Prices in NN17: A Year in Review**

If you’re keeping an eye on the property market, specifically in the NN17 area, you’re in for an interesting read. Over the past year, the housing landscape has seen some notable shifts, and we’re here to break it down for you. From average prices to property types, we’ve got the scoop on all things real estate in NN17.

**Average House Prices: A Snapshot**

Properties in NN17, North Northamptonshire, have been making headlines, with an overall average price of £255,488 recorded over the last year. This figure is a crucial indicator of the region’s real estate market health and can provide valuable insights for both buyers and sellers alike.

**Diverse Property Types and Their Prices**

One intriguing aspect of NN17’s real estate scene is the variety of property types available. Here’s a breakdown of the average prices for different property types:

– Semi-Detached Properties: The semi-detached properties have clearly been in demand, with an average selling price of £230,431. These homes offer a balance of space and privacy, making them a popular choice among buyers.

– Terraced Properties: Terraced properties also saw a fair share of attention, selling for an average price of £222,455. These homes often boast cozy layouts and a strong sense of community.

– Detached Properties: The detached properties take the spotlight with an average price of £422,549. These spacious and independent homes come at a premium but offer unparalleled privacy and comfort.

**Market Trends and Insights**

Zooming out for a broader view, the sold prices in NN17 over the last year have shown a 2% increase compared to the previous year. What’s even more impressive is that these prices have risen by 6% since the peak in 2020 when they reached £240,041. These trends reflect the dynamics of the housing market, indicating the area’s desirability and potential for value appreciation.

**Behind the Numbers: Notable Sales**

Let’s delve into some intriguing real-life examples of properties sold in NN17 over the past year:

– **122, Stephenson Way, Corby, North Northamptonshire NN17 1DE**
A 3-bedroom semi-detached property that changed hands for £133,000 on 14 June 2023. It had previously sold for £74,000 on 5 December 2003.

– **4, Lindersmith Close, Weldon, Corby, North Northamptonshire NN17 3ND**
This semi-detached property fetched £117,000 on 2 June 2023. While no other historical records are available, the property stands as a testament to the evolving market.

– **29, The Brontes, Corby, North Northamptonshire NN17 2NH**
A 2-bedroom terraced property, sold for £190,000 on 2 June 2023. Its history includes previous sales of £97,000 on 10 September 2007 and £82,500 on 18 November 2005.

These transactions provide a glimpse into the range of properties available in NN17 and the diversity of their prices.

**Closing Thoughts**

As we wrap up this exploration of house prices in NN17, it’s clear that the area’s real estate market is vibrant and evolving. With a mix of property types and a consistent trend of increasing prices, NN17 proves to be an intriguing destination for both homebuyers and investors. Whether you’re looking for a cozy terraced property, a spacious detached house, or a semi-detached gem, NN17 has something for everyone in the dynamic world of real estate. Stay tuned for more updates as the market continues to unfold its story.

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Northamptonshire Property Market Update – August 2023 NN15

Trellows Market Update

Northamptonshire Property Market Update – August 2023 NN15

 

**Introduction**

In this blog post, we will take a closer look at the housing market in NN15, a region in North Northamptonshire. Over the last year, NN15 has seen a notable rise in property prices. We’ll explore the overall average house price, the types of properties that were popular among buyers, and some specific sold properties to get a better understanding of the current state of the housing market in NN15.

**NN15 House Price Overview**

Properties in NN15 have experienced a significant increase in value over the past year. The overall average price of properties in NN15 during this period was £290,641. This represents a 7% increase compared to the previous year and an impressive 13% increase from the 2018 peak of £257,198.

**Property Types and Average Prices**

The majority of sales in NN15 over the last year were semi-detached properties, which sold for an average price of £256,559. Detached properties were the most expensive, with an average selling price of £391,096. Terraced properties, on the other hand, had an average selling price of £221,527.

**Sold Properties**

Now, let’s take a look at some specific properties that were sold in NN15 recently:

Date Sold Property Address Property Type Sale Price (£) Tenure
12 May 23 47, Merrivale Close, Kettering, NN15 6FY 3 bed, terraced £250,000 Freehold
11 May 23 5, Lily Close, Burton Latimer, NN15 5GD 1 bed, flat £152,000 Freehold
5 May 23 1, West Furlong, Kettering, NN15 7LF 2 bed, detached £350,000 Freehold
5 May 23 89b, Northampton Road, Kettering, NN15 7JZ 3 bed, detached £455,000 Freehold
5 May 23 12, Wilkie Close, Kettering, NN15 7RD Detached £440,000 Freehold
5 May 23 27b, Virginia Crescent, Burton Latimer, NN15 5GB Semi-Detached £219,950 Freehold
5 May 23 52, Greenfield Avenue, Kettering, NN15 7LL 3 bed, semi-detached £260,000 Freehold
28 Apr 23 37, Ise Road, Kettering, NN15 7DT 3 bed, semi-detached £275,000 Freehold
28 Apr 23 31, Deeble Road, Kettering, NN15 7AB 3 bed, semi-detached £212,000 Freehold
28 Apr 23 16, Riverview, Burton Latimer, NN15 5PP Detached £600,000 Freehold
27 Apr 23 7, Buckingham Court, Kettering, NN15 6GF 6 bed, detached £625,000 Freehold
27 Apr 23 90, The Oval, Kettering, NN15 6BA 3 bed, semi-detached £195,000 Freehold
24 Apr 23 51, Gotch Road, Barton Seagrave, NN15 6UF 2 bed, semi-detached £126,704 Freehold
21 Apr 23 20, Larch Road, Kettering, NN15 7BH 3 bed, semi-detached £258,000 Freehold
21 Apr 23 40, Belvoir Drive, Barton Seagrave, NN15 6RB 3 bed, semi-detached £306,000 Freehold
20 Apr 23 40, Milldale Road, Kettering, NN15 6QD 3 bed, terraced £320,000 Freehold
20 Apr 23 4, Clive Close, Kettering, NN15 5BQ 2 bed, detached £325,000 Freehold
14 Apr 23 39, Rydalside, Kettering, NN15 7DR 3 bed, semi-detached £330,000 Freehold
14 Apr 23 49, Finedon Street, Burton Latimer, NN15 5SB 2 bed, terraced £182,000 Freehold
14 Apr 23 2, Sussex Road, Kettering, NN15 6JX 2 bed, semi-detached £220,000 Freehold
11 Apr 23 18, Yateley Drive, Barton Seagrave, NN15 6BN 5 bed, detached £475,000 Freehold
11 Apr 23 14, Fitzwilliam Drive, Barton Seagrave, NN15 6RG 3 bed, semi-detached £265,000 Freehold
6 Apr 23 59, St Catherines Road, Kettering, NN15 5EN 2 bed, semi-detached £260,000 Freehold
6 Apr 23 5, St Chads Close, Kettering, NN15 5HU 3 bed, semi-detached £285,000 Freehold
6 Apr 23 30, Wheatfield Drive, Burton Latimer, NN15 5YL 3 bed, terraced £295,000 Freehold

**Conclusion**

The housing market in NN15 has shown remarkable growth over the last year, with average property prices surging by 7% from the previous year and 13% from the 2018 peak. The popularity of semi-detached properties among buyers has contributed to their higher average selling price compared to terraced properties. Detached properties, while being the most expensive, have also seen strong demand.

As the market continues to evolve, it is essential for prospective buyers and sellers to keep a close eye on these trends to make informed decisions. Whether you’re looking to purchase your dream home or sell your property in NN15, understanding the market dynamics is crucial.

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Northamptonshire Property Market Update – July 2023 NN14

Trellows Market Update

Northamptonshire Property Market Update – July 2023 NN14

If you’re in the market for a new home or simply curious about the property market in NN14, then you’ve come to the right place. In this blog post, we’ll explore the latest data on house prices in NN14, a region in Northamptonshire, UK. So, let’s dive in and discover what the numbers reveal!

**Overview of NN14 Property Prices:**

Over the last year, the overall average price for properties in NN14 stood at £320,069. This figure gives us a good starting point to understand the general trends in the area. However, as with any property market, there are variations in property types, and their respective prices can differ significantly.

**Detached Properties:**

Detached properties seem to be a popular choice in NN14, with the majority of sales falling into this category. On average, a detached property was sold for £427,446 in the past year. This higher price tag could be attributed to the added privacy, space, and freedom that come with owning a detached home.

**Semi-Detached Properties:**

Semi-detached properties, which offer a balance between privacy and affordability, had an average selling price of £270,758 in NN14. This option seems to appeal to buyers seeking a middle ground between detached and terraced properties.

**Terraced Properties:**

Terraced properties, often known for their charm and community feel, were fetching an average price of £241,138. These homes provide a cost-effective option for families and individuals looking to purchase a property in NN14.

**Market Trends:**

It’s always interesting to analyze how the market has performed over time. According to the data, sold prices in NN14 were 5% higher over the last year compared to the previous year. This steady increase in house prices indicates that the area’s property market has been experiencing positive growth.

Moreover, the prices were a remarkable 17% higher than the peak recorded in 2020, when the average price was £274,134. This upward trend suggests that property values have been steadily appreciating in the region.

**A Glimpse at Recent Sales:**

To further understand the NN14 property market, let’s take a look at some recently sold properties in the area:

1. **Flat 2, 20b, King Street, Desborough, Kettering, North Northamptonshire NN14 2RD**
Type: Flat
Price: £95,000
Date Sold: 9 May 2023
Tenure: Leasehold

2. **The Old Bakehouse, 67, High Street, Titchmarsh, Kettering, North Northamptonshire NN14 3DF**
Type: 4 bed, semi-detached
Price: £635,000
Date Sold: 5 May 2023
Tenure: Freehold

Date Sold Property Type Price Tenure
9 May 2023 Flat 2, King Street £95,000 Leasehold
5 May 2023 The Old Bakehouse £635,000 Freehold
2 May 2023 13 Gladstone Street £179,995 Freehold
28 Apr 2023 80 Harrington Road £262,000 Freehold
24 Apr 2023 16 Cransley Hill £232,250 Freehold
21 Apr 2023 34 Ragsdale Street £185,000 Freehold
21 Apr 2023 23 Chancery Lane £298,000 Freehold
20 Apr 2023 10 Spencer Road £325,000 Freehold
18 Apr 2023 85 Harrington Road £550,000 Freehold
14 Apr 2023 11 Mulberry Close £320,000 Freehold
14 Apr 2023 21 Arden Road £347,500 Freehold
14 Apr 2023 2 Huntingdon Road £238,000 Freehold
13 Apr 2023 70 Gladstone Street £120,000 Freehold
12 Apr 2023 4 Lammas Close £775,000 Freehold
12 Apr 2023 8 High Street £265,000 Freehold
6 Apr 2023 35 Harrington Road £248,000 Freehold
6 Apr 2023 50 Back Lane £575,000 Freehold
4 Apr 2023 1 Sissinghurst Drive £413,750 Freehold
4 Apr 2023 18 Sackville Street £353,000 Freehold
3 Apr 2023 2 Sherborne Way £381,000 Freehold
31 Mar 2023 17 Cransley Street £175,000 Freehold
31 Mar 2023 11 Chestnut Drive £289,950 Freehold
31 Mar 2023 17 Braybrooke Road £257,500 Freehold
31 Mar 2023 26 Thistle Drive £240,000 Freehold
31 Mar 2023 38 Willow Lane £490,000 Freehold

These are just a few examples of the recently sold properties in NN14, and they showcase the diversity of property types and prices in the area.

**Conclusion:**

The property market in NN14 is showing promising signs of growth, with overall average prices increasing over the past year. Detached properties seem to be the most sought-after, while terraced homes offer a more budget-friendly option.

As with any property investment, it’s crucial to do thorough research and seek expert advice before making a decision. The property market can be dynamic, and factors like location, amenities, and market trends can significantly impact property values.

Whether you’re buying, selling, or just curious about the property market in NN14, staying informed about the latest trends and developments will help you make informed decisions.

Remember that these figures are based on historical data and the market can change over time, so it’s essential to consult local estate agents and professionals for up-to-date information.

Happy house hunting!

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Northamptonshire Property Market Update – July 2023 NN13

Trellows Market Update

Northamptonshire Property Market Update – July 2023 NN13

If you’ve been considering buying or selling a property in NN13, it’s essential to have a good understanding of the local housing market. In this blog post, we’ll take a comprehensive look at the house prices in NN13 over the last year and explore the trends and insights that can help you make informed decisions.

**Overview of NN13 Property Prices**

Over the past year, the average house price in NN13 stood at £374,608. It’s worth noting that this average is calculated across all property types and tenures, giving us a broad understanding of the market.

**Property Types and Prices**

When we delve deeper into the property types, we find some interesting patterns. Detached properties were the most popular among buyers, with an average selling price of £500,465. Semi-detached properties followed closely behind, commanding an average price of £337,230. Those seeking more affordable options might have looked at terraced properties, which had an average price of £275,456.

The preference for detached properties indicates that many buyers in NN13 are likely families or those looking for larger homes and more space. The higher average price for this property type could also be attributed to their larger plot sizes and additional features that appeal to potential buyers.

**Year-on-Year Growth**

A key factor that both buyers and sellers need to consider is the year-on-year growth of house prices in the area. NN13 experienced a significant 11% increase in sold prices compared to the previous year. Moreover, prices were 12% higher than the peak recorded in 2020 when the average price was £335,387.

This remarkable growth indicates that NN13 is a dynamic and thriving housing market, making it an attractive prospect for potential sellers. However, it’s worth noting that such robust growth may also present a challenge for first-time buyers or those with a limited budget.

**Recent Sold Properties**

Let’s take a closer look at some recently sold properties in NN13 to gain a better understanding of the local market.

Date Sold Address Property Type Price Tenure
19 May 2023 6, Calypso Lane, Brackley, NN13 6FW Terraced £330,000 Freehold
12 May 2023 1, Nuffield Close, Brackley, NN13 6PL 3 bed, semi-detached £325,000 Freehold
5 May 2023 Mixley House, Mixbury Road, NN13 5SL 4 bed, detached £785,000 Freehold
28 Apr 2023 4, Lark Rise, Brackley, NN13 6JR 3 bed, terraced £300,000 Freehold
28 Apr 2023 2, School Lane, Evenley, NN13 5RY 3 bed, terraced £400,000 Freehold
28 Apr 2023 18, Wappenham Road, Syresham, NN13 5HQ 2 bed, semi-detached £300,000 Freehold
27 Apr 2023 15, Shortlands Close, Helmdon, NN13 5QR 4 bed, detached £441,000 Freehold
25 Apr 2023 33, Stuart Road, Brackley, NN13 6HZ 4 bed, detached £400,000 Freehold
24 Apr 2023 36, Lagonda Drive, Brackley, NN13 6FE Terraced £261,000 Freehold
14 Apr 2023 57, Swallow Close, Brackley, NN13 6PQ 3 bed, terraced £325,000 Freehold
14 Apr 2023 11, Bradbery Close, Syresham, NN13 5HA Detached £668,000 Freehold
13 Apr 2023 23, Lathbury Road, Brackley, NN13 6HW 4 bed, detached £410,000 Freehold
13 Apr 2023 7, The Green, Helmdon, NN13 5QW 2 bed, terraced £254,000 Freehold
11 Apr 2023 15, Bell Close, Helmdon, NN13 5UH 2 bed, terraced £267,000 Freehold
6 Apr 2023 19, Falcon Way, Brackley, NN13 6PZ 5 bed, detached £468,000 Freehold
6 Apr 2023 23, Bell Lane, Syresham, NN13 5HP 3 bed, detached £398,000 Freehold
5 Apr 2023 51, Kingfisher Road, Brackley, NN13 6PP 4 bed, detached £445,000 Freehold
5 Apr 2023 18, Longwall, Brackley, NN13 6QB Terraced £257,000 Freehold
3 Apr 2023 143, Foxhills Way, Brackley, NN13 6QW Terraced £280,000 Freehold
3 Apr 2023 Terrington House, Terrington Close, NN13 6EN 5 bed, detached £570,000 Freehold
3 Apr 2023 Yew Tree Cottage, Manor Road, NN13 6AJ Detached £480,000 Freehold
3 Apr 2023 1, Ellesmere Road, Brackley, NN13 6BW 3 bed, semi-detached £296,000 Freehold
3 Apr 2023 75, Poppyfields Way, Brackley, NN13 6GA 3 bed, terraced £325,000 Freehold
31 Mar 2023 9, Brackley House, High Street, NN13 7EN Flat £285,000 Leasehold
30 Mar 2023 19, Shortlands Close, Helmdon, NN13 5QR 5 bed, detached £475,000 Freehold

These examples demonstrate the diversity of properties available in NN13 and give insight into the recent price points for various types of homes.

**Conclusion**

NN13’s property market has experienced a notable surge in prices over the past year, with detached properties leading the pack in terms of demand and average selling prices. While this growth presents a promising opportunity for sellers, it also means potential buyers should carefully assess their budget and financial capacity.

As always, it’s advisable to seek professional advice from local estate agents who can provide up-to-date and relevant information tailored to your specific requirements. Whether you’re a buyer or seller in NN13, understanding the local property market is crucial for making informed decisions and achieving your real estate goals.

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Northamptonshire Property Market Update – July 2023 NN12

Trellows Market Update

Northamptonshire Property Market Update – July 2023 NN12

**House Prices in NN12: A Look at the Real Estate Market**

The real estate market in NN12 has seen significant growth and development over the past year. As property prices continue to rise, homeowners and investors are keeping a close eye on the trends in this picturesque region. In this blog post, we will delve into the data to provide you with a comprehensive overview of the housing market in NN12.

**NN12 Property Prices Overview:**

Over the last year, the overall average house price in NN12 reached an impressive £434,956. This figure represents a 9% increase compared to the previous year, highlighting the upward trend in property prices in the area. Moreover, when compared to the peak in 2018 when the average price was £375,083, the current figures demonstrate a remarkable 16% growth.

**Property Type Breakdown:**

The majority of properties sold in NN12 over the last year were detached houses, commanding an average price of £572,196. This type of property seems to be in high demand, likely due to the spaciousness and privacy they offer.

Semi-detached properties, on the other hand, had an average selling price of £337,460, offering a more affordable option while still providing some of the benefits of detached living.

Terraced properties had an average selling price of £300,915, making them a budget-friendly choice for prospective buyers seeking a home in NN12.

**Notable Property Sales:**

Several properties in NN12 were sold during the last year, and we have gathered some interesting data on a few of them:

1. **19, Tyrrell Way, Towcester, West Northamptonshire NN12 7AS:**
– Property Type: 3 bed, terraced
– Selling Price: £280,000
– Date Sold: 17 May 2023

2. **15, 19 Hollyhill, Towcester, West Northamptonshire NN12 6TD:**
– Property Type: 4 bed, detached
– Selling Price: £400,000
– Date Sold: 12 May 2023

3. **53, Catterick Way, Towcester, West Northamptonshire NN12 6NX:**
– Property Type: Semi-Detached
– Selling Price: £254,950
– Date Sold: 4 May 2023

4. **22, Park View Road, Towcester, West Northamptonshire NN12 6AL:**
– Property Type: 3 bed, semi-detached
– Selling Price: £375,000
– Date Sold: 28 Apr 2023

**The Charm of NN12:**

NN12 boasts a picturesque and serene setting, making it an ideal location for homeowners seeking a peaceful and pleasant environment. The area’s rich history and close-knit communities contribute to its allure, attracting both local and international buyers.

**Investment Opportunities:**

Given the consistent growth in property prices over the years, investing in NN12 real estate presents a promising opportunity. For those looking to invest, the data suggests that detached properties may offer higher returns, but semi-detached and terraced properties could be more accessible options for entry-level investors.

**Conclusion:**

The real estate market in NN12 has shown impressive growth over the past year, with property prices reaching new heights. Detached properties have been the most sought-after, commanding higher average prices. However, there are opportunities to be found in the semi-detached and terraced property markets as well.

Whether you are a potential buyer or an investor, NN12’s enchanting setting and thriving property market make it a location worth considering. As the area continues to flourish, keeping an eye on NN12’s real estate trends can prove to be beneficial for your property-related decisions.

 

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Northamptonshire Property Market Update – July 2023 NN11

Trellows Market Update

Northamptonshire Property Market Update – July 2023 NN11

**House Prices in NN11: A Year in Review**

If you’ve been keeping an eye on the property market in NN11, you’ll undoubtedly be intrigued by the latest figures. Over the past year, the real estate landscape in this region has shown significant growth and development. In this blog post, we’ll dive into the statistics and explore the key trends that have shaped house prices in NN11.

**Average House Prices**

First and foremost, let’s look at the overall average house price in NN11 over the last year. According to the data, properties in this area commanded an impressive average price of £325,194. This figure provides a valuable glimpse into the general state of the local property market.

**Property Types and Prices**

One interesting aspect of the NN11 housing market is the variety of property types available. Among the most prominent sales in the area during the past year were detached properties, which fetched an average price of £461,155. These detached homes seem to be highly sought after, likely due to their spaciousness and privacy.

Coming in behind detached properties were semi-detached homes, which sold for an average of £293,017. Those looking for a more budget-friendly option might have found terraced properties appealing, with an average price of £243,871.

**Growth and Historical Comparison**

The NN11 property market has also experienced growth in terms of prices. Sold prices over the past year were 8% higher than the previous year, showcasing a robust increase in property values. Furthermore, the market saw an impressive 16% surge compared to the peak in 2020 when the average price stood at £279,961. This upward trend indicates a healthy and flourishing real estate landscape in NN11.

**Noteworthy Sales**

Let’s take a closer look at some notable property sales in NN11:

1. **Howletts End, Croft Lane, Staverton, Daventry, West Northamptonshire NN11 6JE**
– 4 bed, detached
– Sold for £625,000 on 12 May 2023
– Freehold

2. **Old Mill House, Banbury Road, Moreton Pinkney, Daventry, West Northamptonshire NN11 3SQ**
– Detached
– Sold for £870,000 on 11 May 2023
– Freehold

3. **15, Clarkes Way, Welton, Daventry, West Northamptonshire NN11 2JJ**
– 5 bed, detached
– Sold for £755,000 on 28 Apr 2023
– Freehold
– Previous sales: £550,000 on 16 Oct 2015, £530,000 on 1 Apr 2011

These sales exemplify the diverse range of properties and prices in NN11, from stunning detached homes to more affordable semi-detached and terraced properties.

**Conclusion**

The NN11 property market has undoubtedly been on an upward trajectory over the past year. With an overall average price of £325,194 and various property types available to suit different needs and budgets, this region offers a promising investment and residential landscape. Whether you’re a potential buyer, seller, or simply curious about the real estate market, the figures and trends in NN11 are certainly worth keeping an eye on. As we move forward, it will be exciting to see how the housing market in this area continues to evolve.

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What next for the property market in Northamptonshire

What next for the property market in Northamptonshire

 

It’s been quite a worrying time over the last few weeks, with all different factors coming together to ring alarm bells for the over-heating property market, but what is the situation in Northamptonshire and should you hold-off on any plans to move?

Despite the fact that there will invariably be some sort of correction for the sought after pockets that clearly achieved unrealistic prices over the last year or two, for the main part, Northamptonshire has not experienced any unrealistic prices, but even so, there may still be some downward pressure. The direction of interest rates has recently been upwards, but where they will peak is still unclear, as the effects of the existing rises is yet to filter through in to statistics on final selling prices.

One thing is for certain, the property market is much more sensitive to rises today, than it was in the past, therefore exponential rises will probably not be needed to slow things down significantly, but even so, due to the large volume of property that has been bought up by investors over the last decade or two, there is still a significant shortage of entry level property, coming to market, as investors tend to hang on to their properties long-term, whereas homeowners tend to move every 5/6 years.

Even though there has been a significant number of landlords exiting the Buy to Let market over the last few years, those properties have easily been taken up by first-time-buyers and larger investors, who are still buying in large quantities, such as Lloyds Bank, who announced that they plan to be the UKs largest landlord by 2025.

Therefore, first time buyers who are savvy, should use the forthcoming year to bag themselves a bargain, provided that their figures stack up in the short term, until rates begin to come down again, which they will, we need only look at the 5 year terms that lenders are offering, which are cheaper than their 2 year deals on average, which indicates that they expect interest rates to begin falling after the end of year two, otherwise they would not offer them in the first place.

As for home-movers, a falling market is not a time to wait, for the main part, it is actually a good time to consider moving up, as any fall in prices is normally by percentage and therefore, the higher the price, the greater the fall, which could translate in to maybe taking an offer on your own home, but you would be making a larger saving on the next property, resulting in a material gain.

The most important factor that applies over the next year or two, is to ensure that you are able to cover any rise in interest rates, which may require some sacrifices, but with Northamptonshire being a booming county, with far more jobs available than there are candidates, there is no reason for any short term fall, not to be out-weighed by gains in the medium to long term.

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18th century coach house in Hackleton Northamptonshire

18th century coach house 01

18th century coach house in Hackleton Northamptonshire

 

The Property

A stunning 18th century grade ii listed former coaching inn and farmhouse set on a 1/3 acre plot. offering over 4100 sq ft of versatile accommodation over three floors, including many character features and a spectacular kitchen/breakfast/family room with vaulted ceiling.

Further benefits include eight bedrooms, 3 reception rooms, two upgraded bathrooms, additional cloakroom/WC on each floor, boot room, utility room, landscaped and private gardens and off-road parking for several vehicles.

18th century coach house 01
18th century coach house 01
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18th century coach house 02
18th century coach house 03
18th century coach house 03
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18th century coach house 04
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18th century coach house 05
18th century coach house 06
18th century coach house 06

Ground Floor
Enter via porch way into a front entrance hall with flagstone flooring, stairs to the first floor and a large cloakroom/WC that could easily be converted to a ground floor shower room. The living room has a bay window to the front, a wood burning stove and wood flooring. The sitting room has a stone fireplace with wood burning stove, bay window and wood flooring. The large dining room has an exposed beam, window seat and wood burning stove. Opening from the dining room, the kitchen/breakfast area is stunning and the hub of the house. There is a newly and comprehensively fitted kitchen which includes a large island unit along with integrated range cooker, cooker hood, combi microwave/oven, fridge/freezer, twin dishwashers and pantry cupboard, along with Velux windows and double doors to the side and rear gardens. The boot room has quarry tiled flooring and ample storage and opens into the utility room which also has quarry tiled flooring, along with units, work surfaces, a butler sink unit and door to the rear garden.

First Floor
The first floor has four spacious bedrooms, family bathroom, plus a cloakroom/WC, and stairs leading to the second floor. Bedroom five is a large double with sash window and a window seat to the front elevation. Bedroom six is also a large double with a built-in wardrobe, currently being used as an additional lounge. Bedrooms seven and eight are also good-sized doubles, and currently used as an office and gym. The bathroom is fitted with a contemporary suite which includes a vanity washbasin, illuminated steam free mirror, concealed cistern WC, spa bath and corner steam shower cubicle and has tiled underfloor heating.

Second floor
The second floor also has four spacious bedrooms, modern shower room, cloakroom/WC, and large under eaves storage cupboard. The master bedroom is a very large double with double aspect views across the village and has fitted wardrobes and wood flooring. Bedroom two is also a dual aspect large double with wood flooring. Bedroom three is a good sized double and currently being used as a yoga room. Bedroom four is another double room with front sash window elevation. The shower room has a been upgraded and include a vanity washbasin, illuminated steam free mirror, concealed cistern WC, and corner steam shower cubicle.

Outside
The property sits in the middle of a plot which measures approximately 1/3 acre in size. The front of the house is screened from the road by a tall hedgerow and the Pine Trees that the house is named after. There is a sweeping pebbled driveway giving easy access to either side of the property. There are two clearly defined gardens one being a private side patio area with raised borders and shrubbery, this connects through an iron gate to the rear garden which flows around the rear of the house back to the front gates. The rear garden has both decked and block paved patios, and a barbecue area.

Parking
A long sweeping pebbled driveway spans the front of the property with off-road parking for several vehicles.

Location
Hackleton is a sought-after village situated on the B526 between Northampton and Newport Pagnell, with easy access to the motorway and rail services. It has an Ofsted ‘outstanding’ primary school, shop with Post Office, butchers, public house and a village hall. Caroline Chisholm School is 3 miles away in Wootton and Northampton School for Boys is 6 miles away. Private schools are available at Northampton High School for Girls, Quinton House and Wellingborough School.

If you would like advice with anything regarding your property, including advice on improving the EPC rating of your home, to save on energy and achieve a better price, contact us anytime.

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A tour of one of the most expensive houses on the market in Northampton

A tour of one of the most expensive houses on the market in Northampton

 

A beautiful home in backing on to open countryside

 

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Beautiful Home: Rear view

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Beautiful Home: Front view

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Beautiful Home: Rear

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Beautiful Home: Entrance hall

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Beautiful Home: Kitchen

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Beautiful Home: Kitchen

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Beautiful Home: Kitchen

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Beautiful Home: Lounge

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Beautiful Home: Dining room

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Beautiful Home: Dining room

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Beautiful Home: Bathroom

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Beautiful Home: Bathroom

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Beautiful Home: Bedroom with Velux window

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Beautiful Home: Bedroom with Velux window

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Beautiful Home: Bedroom

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Beautiful Home: Bedroom

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Beautiful Home: Bedroom

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Beautiful Home: Stunning garden with open views

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Beautiful Home: Stunning garden with open views

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Beautiful Home: Stunning garden with open views

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Beautiful Home: Stunning garden with open views

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Beautiful Home: Stunning garden with open views

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Beautiful Home: Stunning garden with open views

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Beautiful Home: Stunning garden with open views

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Beautiful Home: Stunning garden with open views

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Beautiful Home: Stunning garden with open views

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Full description

BEAUTIFULLY POSITIONED PROPERTY STANDING IN GLORIOUS GARDENS AND GROUNDS OF 0.94 ACRES WITH FABULOUS VIEWS TOWARDS HARLESTONE FIRS IN THIS MOST SOUGHT-AFTER RESIDENTIAL ADDRESS

Bramhills occupies an attractive position in this most sought after location with glorious gardens and grounds extending to around 0.94 acres enjoying a westerly aspect adjoining fields with fabulous views over towards Harlestone Firs. It offers a unique opportunity for an individual to remodel or replace the existing property in arguably one of the sought-after and desirable villages in Northamptonshire.

The property is approached through a main door into the hall, having a solid oak staircase rising and turning to the first floor landing with cupboard below and original solid oak flooring. Off the hallway is the cloakroom with separate WC. The sitting room is of a dual aspect with an open brick fireplace, set in a tiled brick hearth with wooden mantel above, door to the rear garden terrace and original solid oak flooring. Access from here leads to the dining room with walk-in bay window to the rear aspect enjoying views of the garden, solid oak flooring and open access leading to the kitchen/breakfast room.

The kitchen/breakfast room comprises a generous range of fitted base and eye level units incorporating display shelving with recessed lighting, generous worktop areas with inset sink unit with feature electric four ring Aga with double oven and electric companion to side. Further features include recessed lighting to ceiling, bamboo flooring and windows to the front and rear aspect. A door from here leads to the inner lobby with a secondary entrance to the front and a further door that leads to the study/bedroom with double doors affording access to the paved terrace and garden beyond and access to its own en-suite wet room. Off the inner lobby is the useful utility room which is fitted with a range of base and eye level cupboards with door to the rear gardens and connecting door to the garage.

On the first floor there is a spacious landing with stairs rising to the second floor with storage cupboard. The main bedroom has windows to the rear aspect affording attractive views over formal gardens and countryside beyond with further window to the side aspect and a range of built-in wardrobes and access to the refitted en-suite bathroom. A generous second bedroom with a range of built-in wardrobes, again with a window to the rear aspect enjoying the views across the countryside with access to its own en-suite shower room. There is a further double bedroom with dressing area and a family bathroom.

On the second floor is a small landing area with access to two double bedrooms, both with Velux skylight windows, one of which has its own cloakroom with access to eaves storage areas.

OUTSIDE

Bramhills is approached by a gravelled in and out driveway with lawned areas, flower and shrub borders and maturing trees and outside lighting. Access to the rear garden is through a five bar side gate and there is hard standing next to a double attached garage having light and power with electric roller doors.

The whole plot extends to 0.94 acres and is attractively landscaped with the formal gardens largely laid to lawn with flower and shrub borders, retained by hedges and conifers with an attractive fixed pergola structure in the centre of the garden perfect for those BBQ’s on a sunny lazy afternoon. There is a large kitchen garden along with small orchard to the side having apple specimens and a number of outbuildings including a greenhouse. The well established and landscaped gardens are an attractive feature to the property adjoining fields having a south westerly aspect with views over to Harlestone Firs.

PROPERTY INFORMATION

Services: Mains gas, electricity and metered water are connected. Boiler is gas fired served by a Megaflow hot water storage system.

Local Authority: West Northamptonshire Council
Tel.

Outgoings: Council Tax Band “G”
£3,352.70 for the year 2022/2023

EPC Rating: E

Tenure: Freehold

Offers in excess of £1,800,000

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Property to crash in 2022?

Property to crash in 2022

Property to crash in 2022?

 

HOUSE PRICES have hit dizzying highs despite the UK’s crumbling economy and many now expect a full-blown crash this year. Yet a house price crash may be averted for a surprising reason.

As the cost-of-living crisis intensifies the doom-mongers are shouting about the dangers of a property crash again. Yet there are good reasons why that may not happen despite today’s growing uncertainties.

There are good reasons to be worried about the property market right now.

The average homeowner with a £224,000 mortgage is paying £1,000 a year more interest a year as result of the BOE hiking rates from 0.1 percent in December to one percent today.

Base rates are set to climb higher and many homeowners will struggle as every other household cost soars at the same time.

Banks and building societies are already marking down properties during mortgage surveys, knocking £20,000 or £30,000 off the valuation to protect themselves.

That makes it harder for borrowers to raise the money they need, forcing some to pull out of their purchase. Property chains could collapse as a result.

It’s undoubtedly a dangerous time for the housing market.

This had led to growing caution among buyers, sellers and lenders, according to the Royal Institute of Chartered Surveyors.

Estate agents report having to do a lot more legwork for sales, as prospective buyers take their time, Hargreaves Lansdown’s senior personal finance analyst Sarah Coles said.

Sources report that buyers are finding it harder to get mortgages, as lenders tighten affordability criteria. “This is causing some chains to fall apart, as many banks don’t think properties are worth their asking price,”

By every rational measure, today’s dizzying house prices should crash back to earth. The average property now costs an incredible 9.1 times the average salary in England, way above the long-term figure of four or five times.

First time buyers are struggling to build big enough deposits. Seven in 10 have now put their plans on hold for at least two years, Nationwide reports.

So why won’t prices crash?

One reason is that buyer demand is still strong, while the supply of property is weak.

House prices jumped an incredible 10.8 percent in the last year, which includes a rise of 1.1 percent in April alone, adding £3,078 to the average home.

This has lifted the average property price to another new record high of £286,079, and Halifax managing director Russell Galley said activity shows “little sign of abating” amid strong buyer competition.

Demand continues to outpace supply due to the “insufficient number of new properties coming onto the market”.

Galley anticipates the rate of house price growth will slow, but only by the end of this year. He does not foresee a crash.

Another reason the market won’t crash is that owners are taking action to protect themselves from mortgage hikes, said Joshua Elash, director of property lender MT Finance. “They are increasingly locking into longer term fixed rates, in expectation of further rate rises.”

Also, mortgages remain dirt-cheap by historical standards. It is still possible to get a five-year fixed rate charging just 2.5 percent. When property prices crashed 20 percent between 1989 and 1993, mortgage rates hit a staggering 15 percent.

That would trigger the mother of all meltdowns today, but that isn’t going to happen.

Here’s the most unexpected reason why prices won’t crash.

If the UK is heading into recession, the Bank of England is likely to scale back its base rate hikes, said Rupert Thompson, investment strategist at Kingswood.

As a result, base rates may only climb to just 1.5 percent or two percent, still low by most standards.

This would keep mortgages affordable, and head off any crash. Incredibly, this means a recession could actually ride to the property market’s rescue. Few will have seen that coming.

There is also the fact that only around one third of properties in the UK are occupied by mortgage payers, the other third are owned outright with the remainder being rented. Of the third that pays a mortgage, many are on fixed term deals, with a few having fixed deals for five or ten years. The immediate effect will probably only be felt in the next year or two, until the rises in energy this year, which account for about 75% of the inflation figure, taper off.

There is a great possibility that interest rates will rise to as much as 2.5% by next year, though nothing is certain, then they will peak and gradually come down. The fact that there are some great long term fixed rates, indicates that those in the know, are confident that the rise in rates is only temporary, hence the reason they are offering to lock in good rates (for them) for a long time.

Another factor that differentiates the current climates from the pas, is the supply of money. Since the crash of 2008, banks have not only been super careful with lending, but the gap, between the base rate and the variable mortgage rate has been higher than ever.

Previously, the gap was around 1% at the most, but for much of the last 14 years, the base rate has been around 0.5% but the variable rate has been as much as 5%, which is a mark up of 1,000% and since the pandemic, when the base rate was lowered to 0.1%, some lenders were still charging a variable rate of 5%, that is a mark up of 5,000%! So as you may gather, the banks are awash with money and the availability of funding, will invariably keep the market safe.

It seems like the doom-mongers may have to wait a little longer for the big crash.