40, LEA WAY, WELLINGBOROUGH, NN8 3LY - £160,000

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.

40 LEA WAY is a large extended semi-detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £326,037. It was last sold for £160,000 in October 2012, which was around 30% above the average October 2012 semi-detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

40 LEA WAY Sold Prices

Land registry data shows two sales for 40 LEA WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two 40 LEA WAY 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
2012 31 OCT	£160,000	£123,399	30% above HPI
1998 21 JUL	£67,000	£46,726	43% above HPI

40 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 two 40 LEA WAY sales from July 1998 and October 2012 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 July 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2012 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 40 LEA WAY be worth now?

40 LEA WAY might now be worth an estimated £326,037.

This is based on house price inflation of 103.8%, between October 2012 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 103.8% inflationary increase is applied to the most recent sale price for 40 LEA WAY of £160,000 on 31st October 2012. For the value to have increased from £160,000 to £326,037 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 LEA WAY has moved in line with the HPI for semi-detached houses in the North Northamptonshire local authority area.
• The October 2012 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 40 LEA WAY has not materially changed since October 2012.

How Large is 40 LEA WAY?

40 LEA WAY is 118m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the largest 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 40 LEA WAY lies on this distribution: 61% of semi-detached houses houses are smaller than 40 LEA WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

40 LEA WAY: Plot and Title Map

40 LEA WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 40 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 40 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 40 LEA WAY?

40 LEA WAY is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 40 on LEA WAY.