3, SHORTWOODS CLOSE, RAUNDS, WELLINGBOROUGH, NN9 6NF - £470,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SHORTWOODS CLOSE is a very large extended detached house of 201m², built sometime between 1983 and 1990, which could now be worth an estimated £479,621. It was last sold for £470,000 in June 2022, which was around 18% above the average June 2022 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

3 SHORTWOODS CLOSE Sold Prices

Land registry data shows three sales for 3 SHORTWOODS CLOSE 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 3 SHORTWOODS CLOSE sales were for above 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
2022 17 JUN	£470,000	£399,572	18% above HPI
2009 11 AUG	£234,950	£198,989	18% above HPI
2000 20 JAN	£139,000	£95,182	46% above HPI

3 SHORTWOODS 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 three 3 SHORTWOODS CLOSE sales between January 2000 and June 2022 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 2009 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2022 sale, which was also at 18% above the HPI.

What might 3 SHORTWOODS CLOSE be worth now?

3 SHORTWOODS CLOSE might now be worth an estimated £479,621.

This is based on house price inflation of 2%, between June 2022 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 2% inflationary increase is applied to the most recent sale price for 3 SHORTWOODS CLOSE of £470,000 on 17th June 2022. For the value to have increased from £470,000 to £479,621 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 3 SHORTWOODS CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The June 2022 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHORTWOODS CLOSE has not materially changed since June 2022.

How Large is 3 SHORTWOODS CLOSE?

3 SHORTWOODS CLOSE is 201m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses houses in Raunds, based on EPC data. The below chart shows the distribution of detached houses houses by size in Raunds, and where 3 SHORTWOODS CLOSE lies on this distribution: 97% of detached houses houses are smaller than 3 SHORTWOODS CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Raunds.

3 SHORTWOODS CLOSE: Plot and Title Map

3 SHORTWOODS CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 3 SHORTWOODS 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 SHORTWOODS 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 SHORTWOODS CLOSE?

3 SHORTWOODS CLOSE is located in RAUNDS, in the NN9 postcode district. The below map shows the position of No. 3 on SHORTWOODS CLOSE.