2, PARK MEWS, WELLINGBOROUGH, NN8 4PB - £340,000

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 PARK MEWS is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £340,000 in May 2023, which was around 17% below the average May 2023 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

2 PARK MEWS Sold Prices

Land registry data shows four sales for 2 PARK MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Most of the four 2 PARK MEWS 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
2023 24 MAY	£340,000	£408,188	17% below HPI
2007 23 AUG	£200,000	£238,463	16% below HPI
2002 29 NOV	£147,000	£153,277	4% below HPI
1996 29 NOV	£74,000	£69,248	7% above HPI

2 PARK MEWS 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 four 2 PARK MEWS sales between November 1996 and May 2023 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 PARK MEWS?

2 PARK MEWS is 104m² according to the EPC inspection conducted in September 2022. 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 PARK MEWS lies on this distribution: 43% of detached houses are smaller than 2 PARK MEWS, and 56% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

2 PARK MEWS: Plot and Title Map

2 PARK MEWS sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 2 PARK MEWS, 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 PARK MEWS). 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 PARK MEWS?

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