16, PROSPECT CLOSE, WOLLASTON, WELLINGBOROUGH, NN29 7SP - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 PROSPECT CLOSE is a midsized extended detached house of 116m², built sometime between 1976 and 1982, which could now be worth an estimated £447,368. It was last sold for £450,000 in September 2022, which was around 10% above the average September 2022 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

16 PROSPECT CLOSE Sold Prices

Land registry data shows two sales for 16 PROSPECT CLOSE 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 PROSPECT CLOSE sales were for above 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
2022 22 SEP	£450,000	£410,150	10% above HPI
2019 25 JUL	£342,000	£330,592	3% above HPI

16 PROSPECT 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 two 16 PROSPECT CLOSE sales from July 2019 and September 2022 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 July 2019 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 16 PROSPECT CLOSE be worth now?

16 PROSPECT CLOSE might now be worth an estimated £447,368.

This is based on house price deflation of 0.6%, between September 2022 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 0.6% deflationary decrease is applied to the most recent sale price for 16 PROSPECT CLOSE of £450,000 on 22nd September 2022. For the value to have decreased from £450,000 to £447,368 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 PROSPECT CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The September 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PROSPECT CLOSE has not materially changed since September 2022.

How Large is 16 PROSPECT CLOSE?

16 PROSPECT CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses houses in Wollaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wollaston, and where 16 PROSPECT CLOSE lies on this distribution: 46% of detached houses houses are smaller than 16 PROSPECT CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Wollaston.

16 PROSPECT CLOSE: Plot and Title Map

16 PROSPECT CLOSE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 16 PROSPECT 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 16 PROSPECT 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 16 PROSPECT CLOSE?

16 PROSPECT CLOSE is located in WOLLASTON, in the NN29 postcode district. The below map shows the position of No. 16 on PROSPECT CLOSE.