5, GILBEY CLOSE, WELLINGBOROUGH, NN9 5YG - £255,000

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

5 GILBEY CLOSE is a very small extended detached house of 74m², built sometime between 1983 and 1990. It was last sold for £255,000 in June 2021, which was around 28% below the average June 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

5 GILBEY CLOSE Sold Prices

Land registry data shows three sales for 5 GILBEY CLOSE 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 5 GILBEY CLOSE 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
2021 24 JUN	£255,000	£353,471	28% below HPI
2006 8 SEP	£145,000	£219,593	34% below HPI
2001 27 JUL	£77,000	£115,692	33% below HPI

5 GILBEY CLOSE 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 5 GILBEY CLOSE sales between July 2001 and June 2021 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 September 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 GILBEY CLOSE?

5 GILBEY CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 5 GILBEY CLOSE lies on this distribution: 9% of detached houses are smaller than 5 GILBEY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

5 GILBEY CLOSE: Plot and Title Map

5 GILBEY CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 5 GILBEY CLOSE, 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 5 GILBEY CLOSE). 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 5 GILBEY CLOSE?

5 GILBEY CLOSE is located in WELLINGBOROUGH, in the NN9 postcode district. The below map shows the position of No. 5 on GILBEY CLOSE.