24, LEA WAY, WELLINGBOROUGH, NN8 3LX - £163,150

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 LEA WAY is a large extended detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £345,066. It was last sold for £163,150 in June 2004, which was around 15% below the average June 2004 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

24 LEA WAY Sold Prices

Land registry data shows three sales for 24 LEA WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 24 LEA WAY 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
2004 11 JUN	£163,150	£192,788	15% below HPI
2002 11 JUL	£130,000	£143,426	9% below HPI
1996 28 JUN	£60,000	£67,601	11% below HPI

24 LEA WAY 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 three 24 LEA WAY sales between June 1996 and June 2004 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 July 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2004 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 24 LEA WAY be worth now?

24 LEA WAY might now be worth an estimated £345,066.

This is based on house price inflation of 111.5%, between June 2004 and February 2025, for detached houses, in the North Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 111.5% inflationary increase is applied to the most recent sale price for 24 LEA WAY of £163,150 on 11th June 2004. For the value to have increased from £163,150 to £345,066 over the 21 years and four months to February 2025, the following assumptions must hold true:

• The value of 24 LEA WAY has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The June 2004 sale price of £163,150 represented a fair market value for the property.
• The size, condition, and specification of 24 LEA WAY has not materially changed since June 2004.

How Large is 24 LEA WAY?

24 LEA WAY is 123m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 40% of detached houses houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellingborough, and where 24 LEA WAY lies on this distribution: 66% of detached houses houses are smaller than 24 LEA WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

24 LEA WAY: Plot and Title Map

24 LEA WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 24 LEA WAY, 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 24 LEA WAY). 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 24 LEA WAY?

24 LEA WAY is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 24 on LEA WAY.