38, LEA WAY, WELLINGBOROUGH, NN8 3LY - £132,000

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.

38 LEA WAY is a small extended semi-detached house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £318,623. It was last sold for £132,000 in November 2003, which was around 27% above the average November 2003 semi-detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

38 LEA WAY Sold Prices

Land registry data shows three sales for 38 LEA WAY 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. Two of the three 38 LEA WAY sales were for above the average price, whilst one was 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
2003 19 NOV	£132,000	£104,173	27% above HPI
2001 28 SEP	£95,995	£65,260	47% above HPI
2001 31 JUL	£59,500	£63,577	6% below HPI

38 LEA WAY 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 38 LEA WAY sales between July 2001 and November 2003 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 2001 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2003 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 38 LEA WAY be worth now?

38 LEA WAY might now be worth an estimated £318,623.

This is based on house price inflation of 141.4%, between November 2003 and February 2025, 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 141.4% inflationary increase is applied to the most recent sale price for 38 LEA WAY of £132,000 on 19th November 2003. For the value to have increased from £132,000 to £318,623 over the 22 years and nine months to February 2025, the following assumptions must hold true:

• The value of 38 LEA WAY has moved in line with the HPI for semi-detached houses in the North Northamptonshire local authority area.
• The November 2003 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LEA WAY has not materially changed since November 2003.

How Large is 38 LEA WAY?

38 LEA WAY is 99m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% 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 38 LEA WAY lies on this distribution: 36% of semi-detached houses houses are smaller than 38 LEA WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

38 LEA WAY: Plot and Title Map

38 LEA WAY sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 38 LEA WAY, 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 38 LEA WAY). 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 38 LEA WAY?

38 LEA WAY is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 38 on LEA WAY.