2, PALMER CLOSE, WELLINGBOROUGH, NN8 5NX - £290,000

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 PALMER CLOSE is a midsized detached house of 106m², built sometime between 1976 and 1982. It was last sold for £290,000 in June 2021, which was around 18% below the average June 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

2 PALMER CLOSE Sold Prices

Land registry data shows two sales for 2 PALMER CLOSE 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 PALMER 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
2021 16 JUN	£290,000	£353,471	18% below HPI
2019 20 DEC	£260,000	£328,314	21% below HPI

2 PALMER 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 two 2 PALMER CLOSE sales from December 2019 and June 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 December 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 PALMER CLOSE?

2 PALMER CLOSE is 106m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% 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 PALMER CLOSE lies on this distribution: 46% of detached houses are smaller than 2 PALMER CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

2 PALMER CLOSE: Plot and Title Map

2 PALMER CLOSE sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 2 PALMER 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 PALMER 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 PALMER CLOSE?

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