3, SEVERN CLOSE, WELLINGBOROUGH, NN8 5WF - £175,000

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

3 SEVERN CLOSE is a large detached house of 118m², built sometime between 1991 and 1995. It was last sold for £175,000 in September 2008, which was around 21% below the average September 2008 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

3 SEVERN CLOSE Sold Prices

Land registry data shows two sales for 3 SEVERN 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 3 SEVERN 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
2008 30 SEP	£175,000	£221,946	21% below HPI
1995 1 SEP	£55,000	£68,506	20% below HPI

3 SEVERN 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 3 SEVERN CLOSE sales from September 1995 and September 2008 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 September 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2008 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 SEVERN CLOSE?

3 SEVERN CLOSE is 118m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 3 SEVERN CLOSE lies on this distribution: 61% of detached houses are smaller than 3 SEVERN CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

3 SEVERN CLOSE: Plot and Title Map

3 SEVERN CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 3 SEVERN 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 3 SEVERN 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 3 SEVERN CLOSE?

3 SEVERN CLOSE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 3 on SEVERN CLOSE.