2, CASTLE LANE, WELLINGBOROUGH, NN8 1LB - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CASTLE LANE is a very large extended detached house of 232m², built sometime between 1996 and 2002. It was last sold for £600,000 in December 2021, which was around 57% above the average December 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

2 CASTLE LANE Sold Prices

Land registry data shows two sales for 2 CASTLE LANE 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 2 CASTLE LANE 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
2021 10 DEC	£600,000	£381,653	57% above HPI
2001 23 AUG	£317,500	£117,721	170% above HPI

2 CASTLE LANE 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 2 CASTLE LANE sales from August 2001 and December 2021 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 2001 sale was for 170% above the HPI. So the extrapolation line tracks at 170% above the HPI over time, until the December 2021 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 2 CASTLE LANE?

2 CASTLE LANE is 232m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 2 CASTLE LANE lies on this distribution: 98% of detached houses are smaller than 2 CASTLE LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

2 CASTLE LANE: Plot and Title Map

2 CASTLE LANE sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of 2 CASTLE LANE, 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 CASTLE LANE). 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 CASTLE LANE?

2 CASTLE LANE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 2 on CASTLE LANE.