2, THE AVENUE, WELLINGBOROUGH, NN8 4ET - £149,000

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 THE AVENUE is a very small detached house of 46m², built sometime between 1930 and 1949. It was last sold for £149,000 in October 2019, which was around 55% below the average October 2019 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

2 THE AVENUE Sold Prices

Land registry data shows five sales for 2 THE AVENUE 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 THE AVENUE 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
2019 15 OCT	£149,000	£329,316	55% below HPI
2008 17 OCT	£117,000	£213,651	45% below HPI
2002 6 JUN	£55,000	£137,447	60% below HPI
2001 6 SEP	£46,000	£119,939	62% below HPI
2001 10 MAR	£33,500	£111,980	70% below HPI

2 THE AVENUE 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 THE AVENUE sales between March 2001 and October 2019 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 October 2008 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2019 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 2 THE AVENUE?

2 THE AVENUE is 46m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 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 THE AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 2 THE AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

2 THE AVENUE: Plot and Title Map

2 THE AVENUE sits on a plot of roughly 0.011 of an acre, or 43m². The below map shows the location of 2 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

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