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
14 MERCURY ROAD is a small detached house of 89m². It was last sold for £240,000 in May 2017, which was around 20% below the average May 2017 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 14 MERCURY ROAD since 1st 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 14 MERCURY 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 |
---|---|---|---|
2017 31 MAY | £240,000 | £298,858 | 20% below HPI |
2016 24 MAR | £210,995 | £270,627 | 22% below HPI |
The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The two 14 MERCURY ROAD sales from March 2016 and May 2017 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 March 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
14 MERCURY ROAD is 89m² according to the EPC inspection conducted in March 2016. 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 14 MERCURY ROAD lies on this distribution: 23% of detached houses are smaller than 14 MERCURY ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.
14 MERCURY ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 14 MERCURY 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 14 MERCURY 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.
14 MERCURY ROAD is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 14 on MERCURY ROAD.