2, CHALON CLOSE, WELLINGBOROUGH, NN8 4JN - £280,000

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

2 CHALON CLOSE is a very small extended detached house of 78m², built sometime between 2003 and 2006. It was last sold for £280,000 in May 2024, which was around 30% below the average May 2024 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

2 CHALON CLOSE Sold Prices

Land registry data shows five sales for 2 CHALON CLOSE 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 CHALON 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
2024 10 MAY	£280,000	£401,088	30% below HPI
2019 28 FEB	£220,000	£333,932	34% below HPI
2018 19 SEP	£176,000	£333,165	47% below HPI
2016 24 FEB	£189,995	£269,259	29% below HPI
2006 18 AUG	£175,600	£214,668	18% below HPI

2 CHALON 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 five 2 CHALON CLOSE sales between August 2006 and May 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 February 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 CHALON CLOSE?

2 CHALON CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% 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 CHALON CLOSE lies on this distribution: 12% of detached houses are smaller than 2 CHALON CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

2 CHALON CLOSE: Plot and Title Map

2 CHALON CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 CHALON 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 2 CHALON 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 2 CHALON CLOSE?

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