3, SPEY CLOSE, WELLINGBOROUGH, NN8 5ZE - £155,000

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

3 SPEY CLOSE is a very small semi-detached house of 69m², built sometime between 1991 and 1995. It was last sold for £155,000 in April 2006, which was around 23% above the average April 2006 semi-detached price in the North Northamptonshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

3 SPEY CLOSE Sold Prices

Land registry data shows three sales for 3 SPEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 3 SPEY 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
2006 24 APR	£155,000	£126,173	23% above HPI
2001 13 AUG	£84,995	£64,381	32% above HPI
1997 21 NOV	£59,500	£43,542	37% above HPI

3 SPEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The three 3 SPEY CLOSE sales between November 1997 and April 2006 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 2001 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2006 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 3 SPEY CLOSE be worth now?

3 SPEY CLOSE might now be worth an estimated £310,979.

This is based on house price inflation of 100.6%, between April 2006 and December 2024, for semi-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 100.6% inflationary increase is applied to the most recent sale price for 3 SPEY CLOSE of £155,000 on 24th April 2006. For the value to have increased from £155,000 to £310,979 over the seventeen years and four months to December 2024, the following assumptions must hold true:

• The value of 3 SPEY CLOSE has moved in line with the HPI for semi-detached houses in the North Northamptonshire local authority area.
• The April 2006 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPEY CLOSE has not materially changed since April 2006.

How Large is 3 SPEY CLOSE?

3 SPEY CLOSE is 69m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Wellingborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wellingborough, and where 3 SPEY CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 3 SPEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

3 SPEY CLOSE: Plot and Title Map

3 SPEY CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 3 SPEY 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 SPEY 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 SPEY CLOSE?

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