4, RICHARDSON WAY, RAUNDS, WELLINGBOROUGH, NN9 6RH - £203,000

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

4 RICHARDSON WAY is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £203,000 in March 2020, which was around 40% below the average March 2020 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

4 RICHARDSON WAY Sold Prices

Land registry data shows two sales for 4 RICHARDSON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two 4 RICHARDSON WAY 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
2020 20 MAR	£203,000	£338,287	40% below HPI
1998 13 NOV	£57,950	£84,018	31% below HPI

4 RICHARDSON WAY 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 two 4 RICHARDSON WAY sales from November 1998 and March 2020 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 November 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 4 RICHARDSON WAY?

4 RICHARDSON WAY is 68m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Raunds, based on EPC data. The below chart shows the distribution of detached houses by size in Raunds, and where 4 RICHARDSON WAY lies on this distribution: 6% of detached houses are smaller than 4 RICHARDSON WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Raunds.

4 RICHARDSON WAY: Plot and Title Map

4 RICHARDSON WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 4 RICHARDSON 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 4 RICHARDSON 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 4 RICHARDSON WAY?

4 RICHARDSON WAY is located in RAUNDS, in the NN9 postcode district. The below map shows the position of No. 4 on RICHARDSON WAY.