16, VARLEY CLOSE, WELLINGBOROUGH, NN8 4UZ - £267,000

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 VARLEY CLOSE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £267,000 in June 2018, which was around 18% below the average June 2018 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

16 VARLEY CLOSE Sold Prices

Land registry data shows three sales for 16 VARLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 16 VARLEY CLOSE 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
2018 18 JUN	£267,000	£324,505	18% below HPI
2008 28 AUG	£170,000	£224,157	24% below HPI
2000 3 MAR	£86,995	£95,939	9% below HPI

16 VARLEY 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 three 16 VARLEY CLOSE sales between March 2000 and June 2018 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 August 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 VARLEY CLOSE?

16 VARLEY CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in July 2024. 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 16 VARLEY CLOSE lies on this distribution: 27% of detached houses are smaller than 16 VARLEY CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

16 VARLEY CLOSE: Plot and Title Map

16 VARLEY CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 16 VARLEY 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 VARLEY 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 VARLEY CLOSE?

16 VARLEY CLOSE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 16 on VARLEY CLOSE.