2, BUGBY WAY, RAUNDS, WELLINGBOROUGH, NN9 6SX - £315,000

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

2 BUGBY WAY is a small extended detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £324,945. It was last sold for £315,000 in July 2024, which was around 21% below the average July 2024 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.

2 BUGBY WAY Sold Prices

Land registry data shows five sales for 2 BUGBY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the five 2 BUGBY 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
2024 23 JUL	£315,000	£396,915	21% below HPI
2022 7 JAN	£335,000	£383,041	13% below HPI
2020 22 MAY	£259,950	£340,645	24% below HPI
2017 7 APR	£229,950	£295,008	22% below HPI
2011 9 MAY	£155,000	£212,429	27% below HPI

2 BUGBY 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 five 2 BUGBY WAY sales between May 2011 and July 2024 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 January 2022 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 BUGBY WAY be worth now?

2 BUGBY WAY might now be worth an estimated £324,945.

This is based on house price inflation of 3.2%, between July 2024 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 3.2% inflationary increase is applied to the most recent sale price for 2 BUGBY WAY of £315,000 on 23rd July 2024. For the value to have increased from £315,000 to £324,945 over the seven months to December 2024, the following assumptions must hold true:

• The value of 2 BUGBY WAY has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The July 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BUGBY WAY has not materially changed since July 2024.

How Large is 2 BUGBY WAY?

2 BUGBY WAY is 86m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% 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 2 BUGBY WAY lies on this distribution: 21% of detached houses houses are smaller than 2 BUGBY WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Raunds.

2 BUGBY WAY: Plot and Title Map

2 BUGBY WAY sits on a plot of roughly 6.4 acres, or 25,780m². The below map shows the location of 2 BUGBY 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 2 BUGBY 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 2 BUGBY WAY?

2 BUGBY WAY is located in RAUNDS, in the NN9 postcode district. The below map shows the position of No. 2 on BUGBY WAY.