4, THE PROMENADE, WELLINGBOROUGH, NN8 5AL - £550,000

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 THE PROMENADE is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £550,000 in May 2023, which was around 35% above the average May 2023 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was June 2024, where the current energy rating was A, and the potential energy rating was A.

4 THE PROMENADE Sold Prices

Land registry data shows three sales for 4 THE PROMENADE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 4 THE PROMENADE 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
2023 9 MAY	£550,000	£408,188	35% above HPI
2002 27 MAR	£225,000	£130,845	72% above HPI
1997 13 AUG	£95,000	£75,735	25% above HPI

4 THE PROMENADE 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 three 4 THE PROMENADE sales between August 1997 and May 2023 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 March 2002 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the May 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 4 THE PROMENADE?

4 THE PROMENADE is 117m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 40% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 4 THE PROMENADE lies on this distribution: 59% of detached houses are smaller than 4 THE PROMENADE, and 39% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

4 THE PROMENADE: Plot and Title Map

4 THE PROMENADE sits on a plot of roughly 0.225 of an acre, or 910m². The below map shows the location of 4 THE PROMENADE, 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 THE PROMENADE). 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 THE PROMENADE?

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