16, NICHOLS WAY, RAUNDS, WELLINGBOROUGH, NN9 6SB - £99,950

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

16 NICHOLS WAY is a very small detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £298,176. It was last sold for £99,950 in June 2002, which was around 27% below the average June 2002 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was December 2012, where the current energy rating was B, and the potential energy rating was B.

16 NICHOLS WAY Sold Prices

Land registry data shows two sales for 16 NICHOLS WAY 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 16 NICHOLS 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
2002 13 JUN	£99,950	£137,248	27% below HPI
1998 6 FEB	£57,000	£76,931	26% below HPI

16 NICHOLS 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 two 16 NICHOLS WAY sales from February 1998 and June 2002 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 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2002 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 NICHOLS WAY be worth now?

16 NICHOLS WAY might now be worth an estimated £298,176.

This is based on house price inflation of 198.3%, between June 2002 and December 2024, 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 198.3% inflationary increase is applied to the most recent sale price for 16 NICHOLS WAY of £99,950 on 13th June 2002. For the value to have increased from £99,950 to £298,176 over the 21 years and six months to December 2024, the following assumptions must hold true:

• The value of 16 NICHOLS WAY has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The June 2002 sale price of £99,950 represented a fair market value for the property.
• The size, condition, and specification of 16 NICHOLS WAY has not materially changed since June 2002.

How Large is 16 NICHOLS WAY?

16 NICHOLS WAY is 83m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 20% of detached houses houses in Raunds, based on EPC data. The below chart shows the distribution of detached houses houses by size in Raunds, and where 16 NICHOLS WAY lies on this distribution: 19% of detached houses houses are smaller than 16 NICHOLS WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Raunds.

16 NICHOLS WAY: Plot and Title Map

16 NICHOLS WAY sits on a plot of roughly 4.2 acres, or 17,069m². The below map shows the location of 16 NICHOLS 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 16 NICHOLS 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 16 NICHOLS WAY?

16 NICHOLS WAY is located in RAUNDS, in the NN9 postcode district. The below map shows the position of No. 16 on NICHOLS WAY.