124A, MIDLAND ROAD, WELLINGBOROUGH, NN8 1NF - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

124A MIDLAND ROAD is a small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £300,000 in January 2021, which was around 13% below the average January 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

124A MIDLAND ROAD Sold Prices

Land registry data shows two sales for 124A MIDLAND ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two 124A MIDLAND ROAD 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
2021 13 JAN	£300,000	£343,933	13% below HPI
2017 18 SEP	£185,000	£312,642	41% below HPI

124A MIDLAND ROAD 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 two 124A MIDLAND ROAD sales from September 2017 and January 2021 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 September 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 124A MIDLAND ROAD?

124A MIDLAND ROAD is 92m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 124A MIDLAND ROAD lies on this distribution: 27% of detached houses are smaller than 124A MIDLAND ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

124A MIDLAND ROAD: Plot and Title Map

124A MIDLAND ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 124A MIDLAND ROAD, 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 124A MIDLAND ROAD). 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 124A MIDLAND ROAD?

124A MIDLAND ROAD is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 124A on MIDLAND ROAD.