40, SPENCER ROAD, WELLINGBOROUGH, NN8 2QB - £249,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 SPENCER ROAD is a large detached house of 128m², built sometime between 2003 and 2006. It was last sold for £249,000 in July 2016, which was around 11% below the average July 2016 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

40 SPENCER ROAD Sold Prices

Land registry data shows three sales for 40 SPENCER ROAD 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. Two of the three 40 SPENCER ROAD sales were for below the average price, whilst one was 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
2016 12 JUL	£249,000	£279,423	11% below HPI
2013 12 APR	£180,000	£214,246	16% below HPI
2005 12 AUG	£216,000	£207,262	4% above HPI

40 SPENCER ROAD 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 40 SPENCER ROAD sales between August 2005 and July 2016 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 April 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 40 SPENCER ROAD?

40 SPENCER ROAD is 128m² according to the EPC inspection conducted in August 2012. This puts it in the largest 30% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 40 SPENCER ROAD lies on this distribution: 73% of detached houses are smaller than 40 SPENCER ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

40 SPENCER ROAD: Plot and Title Map

40 SPENCER ROAD sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 40 SPENCER ROAD, 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 SPENCER ROAD). 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 SPENCER ROAD?

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