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
36 MEDWAY DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £196,000 in March 2017, which was around 34% below the average March 2017 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 36 MEDWAY DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the five 36 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 |
---|---|---|---|
2017 10 MAR | £196,000 | £295,973 | 34% below HPI |
2007 5 APR | £148,500 | £224,881 | 34% below HPI |
2003 27 NOV | £129,000 | £182,423 | 29% below HPI |
2002 30 OCT | £119,000 | £151,717 | 22% below HPI |
2001 23 JUL | £81,000 | £115,692 | 30% below HPI |
The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The five 36 MEDWAY DRIVE sales between July 2001 and March 2017 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 April 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2017 sale, which was also at 34% below the HPI.
36 MEDWAY DRIVE is 66m² according to the EPC inspection conducted in September 2016. 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 36 MEDWAY DRIVE lies on this distribution: 4% of detached houses are smaller than 36 MEDWAY DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.
36 MEDWAY DRIVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 36 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 36 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.
36 MEDWAY DRIVE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 36 on MEDWAY DRIVE.