2, ORCHARD TERRACE, FINEDON, WELLINGBOROUGH, NN9 5HS - £155,000

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 ORCHARD TERRACE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £155,000 in November 2020, which was around 55% below the average November 2020 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2 ORCHARD TERRACE Sold Prices

Land registry data shows two sales for 2 ORCHARD TERRACE 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 ORCHARD TERRACE 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 27 NOV	£155,000	£345,276	55% below HPI
2005 18 NOV	£106,000	£210,952	50% below HPI

2 ORCHARD TERRACE 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 ORCHARD TERRACE sales from November 2005 and November 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 November 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2020 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 2 ORCHARD TERRACE?

2 ORCHARD TERRACE is 57m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Finedon, based on EPC data. The below chart shows the distribution of detached houses by size in Finedon, and where 2 ORCHARD TERRACE lies on this distribution: 3% of detached houses are smaller than 2 ORCHARD TERRACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Finedon.

2 ORCHARD TERRACE: Plot and Title Map

2 ORCHARD TERRACE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 2 ORCHARD TERRACE, 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 ORCHARD TERRACE). 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 ORCHARD TERRACE?

2 ORCHARD TERRACE is located in FINEDON, in the NN9 postcode district. The below map shows the position of No. 2 on ORCHARD TERRACE.