3, WELLAND CLOSE, GRETTON, CORBY, NN17 3BE - £580,000

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 WELLAND CLOSE is a very large extended detached house of 194m², built sometime between 1996 and 2002, which could now be worth an estimated £670,037. It was last sold for £580,000 in June 2021, which was around 64% above the average June 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

3 WELLAND CLOSE Sold Prices

Land registry data shows four sales for 3 WELLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 3 WELLAND 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
2021 18 JUN	£580,000	£352,959	64% above HPI
2014 30 MAY	£373,000	£227,290	64% above HPI
2005 27 APR	£345,000	£202,621	70% above HPI
2002 5 DEC	£280,000	£155,770	80% above HPI

3 WELLAND 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 four 3 WELLAND CLOSE sales between December 2002 and June 2021 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 May 2014 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the June 2021 sale, which was also at 64% above the HPI.

What might 3 WELLAND CLOSE be worth now?

3 WELLAND CLOSE might now be worth an estimated £670,037.

This is based on house price inflation of 15.5%, between June 2021 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 15.5% inflationary increase is applied to the most recent sale price for 3 WELLAND CLOSE of £580,000 on 18th June 2021. For the value to have increased from £580,000 to £670,037 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 3 WELLAND CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The June 2021 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WELLAND CLOSE has not materially changed since June 2021.

How Large is 3 WELLAND CLOSE?

3 WELLAND CLOSE is 194m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 20% of detached houses houses in Gretton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gretton, and where 3 WELLAND CLOSE lies on this distribution: 80% of detached houses houses are smaller than 3 WELLAND CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Gretton.

3 WELLAND CLOSE: Plot and Title Map

3 WELLAND CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 3 WELLAND 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 WELLAND 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 WELLAND CLOSE?

3 WELLAND CLOSE is located in GRETTON, in the NN17 postcode district. The below map shows the position of No. 3 on WELLAND CLOSE.