48, WELLAND RISE, SIBBERTOFT, MARKET HARBOROUGH, LE16 9UD - £320,000

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

48 WELLAND RISE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £320,000 in December 2022, which was around 32% below the average December 2022 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was B.

48 WELLAND RISE Sold Prices

Land registry data shows two sales for 48 WELLAND RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 48 WELLAND RISE 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
2022 1 DEC	£320,000	£469,424	32% below HPI
2002 9 AUG	£118,000	£191,685	38% below HPI

48 WELLAND RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two 48 WELLAND RISE sales from August 2002 and December 2022 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 August 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 48 WELLAND RISE?

48 WELLAND RISE is 80m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Sibbertoft, based on EPC data. The below chart shows the distribution of detached houses by size in Sibbertoft, and where 48 WELLAND RISE lies on this distribution: 3% of detached houses are smaller than 48 WELLAND RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Sibbertoft.

48 WELLAND RISE: Plot and Title Map

48 WELLAND RISE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 48 WELLAND RISE, 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 48 WELLAND RISE). 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 48 WELLAND RISE?

48 WELLAND RISE is located in SIBBERTOFT, in the LE16 postcode district. The below map shows the position of No. 48 on WELLAND RISE.