11, SPEY CLOSE, WELLINGBOROUGH, NN8 5ZE - £135,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 SPEY CLOSE is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £135,000 in October 2004, which was around 34% below the average October 2004 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

11 SPEY CLOSE Sold Prices

Land registry data shows four sales for 11 SPEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 11 SPEY CLOSE 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
2004 15 OCT	£135,000	£204,374	34% below HPI
2002 15 NOV	£108,500	£153,277	29% below HPI
2001 27 JUL	£78,500	£115,692	32% below HPI
1998 17 JUL	£49,500	£82,938	40% below HPI

11 SPEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The four 11 SPEY CLOSE sales between July 1998 and October 2004 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 November 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2004 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 11 SPEY CLOSE?

11 SPEY CLOSE is 62m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 11 SPEY CLOSE lies on this distribution: 3% of detached houses are smaller than 11 SPEY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

11 SPEY CLOSE: Plot and Title Map

11 SPEY CLOSE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 11 SPEY 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 11 SPEY 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 11 SPEY CLOSE?

11 SPEY CLOSE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 11 on SPEY CLOSE.