16, THE FAIRWAY, WELLINGBOROUGH, NN9 5YS - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 THE FAIRWAY is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £275,000 in October 2020, which was around 20% below the average October 2020 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

16 THE FAIRWAY Sold Prices

Land registry data shows four sales for 16 THE FAIRWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 16 THE FAIRWAY 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
2020 23 OCT	£275,000	£343,510	20% below HPI
2007 9 FEB	£183,000	£221,920	18% below HPI
2006 17 FEB	£179,500	£203,399	12% below HPI
2005 14 JAN	£175,000	£206,326	15% below HPI

16 THE FAIRWAY 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 four 16 THE FAIRWAY sales between January 2005 and October 2020 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 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 THE FAIRWAY?

16 THE FAIRWAY is 114m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 16 THE FAIRWAY lies on this distribution: 56% of detached houses are smaller than 16 THE FAIRWAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

16 THE FAIRWAY: Plot and Title Map

16 THE FAIRWAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 16 THE FAIRWAY, 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 THE FAIRWAY). 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 THE FAIRWAY?

16 THE FAIRWAY is located in WELLINGBOROUGH, in the NN9 postcode district. The below map shows the position of No. 16 on THE FAIRWAY.