11A, LEA WAY, WELLINGBOROUGH, NN8 3LX - £321,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11A LEA WAY is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £327,358. It was last sold for £321,000 in October 2024, which was around 20% below the average October 2024 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

11A LEA WAY Sold Prices

Land registry data shows three sales for 11A LEA WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 11A LEA WAY 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
2024 4 OCT	£321,000	£399,831	20% below HPI
2010 26 FEB	£162,995	£205,072	21% below HPI
2001 6 APR	£85,000	£112,266	24% below HPI

11A LEA WAY 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 three 11A LEA WAY sales between April 2001 and October 2024 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 February 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 11A LEA WAY be worth now?

11A LEA WAY might now be worth an estimated £327,358.

This is based on house price inflation of 2%, between October 2024 and February 2025, for detached houses, in the North Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for 11A LEA WAY of £321,000 on 4th October 2024. For the value to have increased from £321,000 to £327,358 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 11A LEA WAY has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The October 2024 sale price of £321,000 represented a fair market value for the property.
• The size, condition, and specification of 11A LEA WAY has not materially changed since October 2024.

How Large is 11A LEA WAY?

11A LEA WAY is 69m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellingborough, and where 11A LEA WAY lies on this distribution: 5% of detached houses houses are smaller than 11A LEA WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

11A LEA WAY: Plot and Title Map

11A LEA WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 11A LEA WAY, 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 11A LEA WAY). 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 11A LEA WAY?

11A LEA WAY is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 11A on LEA WAY.