27, MEDWAY DRIVE, WELLINGBOROUGH, NN8 5XT - £129,000

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

27 MEDWAY DRIVE is a very small extended detached house of 75m², built sometime between 1976 and 1982. It was last sold for £129,000 in May 2004, which was around 32% below the average May 2004 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

27 MEDWAY DRIVE Sold Prices

Land registry data shows two sales for 27 MEDWAY DRIVE 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 27 MEDWAY DRIVE 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 14 MAY	£129,000	£188,566	32% below HPI
2003 22 AUG	£125,000	£177,939	30% below HPI

27 MEDWAY DRIVE 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 27 MEDWAY DRIVE sales from August 2003 and May 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 August 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2004 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 27 MEDWAY DRIVE?

27 MEDWAY DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 27 MEDWAY DRIVE lies on this distribution: 9% of detached houses are smaller than 27 MEDWAY DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

27 MEDWAY DRIVE: Plot and Title Map

27 MEDWAY DRIVE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 27 MEDWAY DRIVE, 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 27 MEDWAY DRIVE). 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 27 MEDWAY DRIVE?

27 MEDWAY DRIVE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 27 on MEDWAY DRIVE.