4, PALMER CLOSE, WELLINGBOROUGH, NN8 5NX - £165,000

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.

4 PALMER CLOSE is a midsized detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £346,922. It was last sold for £165,000 in May 2009, which was around 15% below the average May 2009 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

4 PALMER CLOSE Sold Prices

Land registry data shows four sales for 4 PALMER 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 4 PALMER CLOSE 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
2009 29 MAY	£165,000	£193,931	15% below HPI
2003 30 MAY	£154,000	£169,533	9% below HPI
2001 14 SEP	£103,000	£119,765	14% below HPI
1999 27 AUG	£80,000	£90,690	12% below HPI

4 PALMER 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 4 PALMER CLOSE sales between August 1999 and May 2009 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 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2009 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 4 PALMER CLOSE be worth now?

4 PALMER CLOSE might now be worth an estimated £346,922.

This is based on house price inflation of 110.3%, between May 2009 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 110.3% inflationary increase is applied to the most recent sale price for 4 PALMER CLOSE of £165,000 on 29th May 2009. For the value to have increased from £165,000 to £346,922 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 4 PALMER CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The May 2009 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PALMER CLOSE has not materially changed since May 2009.

How Large is 4 PALMER CLOSE?

4 PALMER CLOSE is 107m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 50% of detached houses houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellingborough, and where 4 PALMER CLOSE lies on this distribution: 46% of detached houses houses are smaller than 4 PALMER CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

4 PALMER CLOSE: Plot and Title Map

4 PALMER CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 4 PALMER 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 4 PALMER 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 4 PALMER CLOSE?

4 PALMER CLOSE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 4 on PALMER CLOSE.