5, JOHN LEA WAY, WELLINGBOROUGH, NN8 2QA - £125,000

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.

5 JOHN LEA WAY is a very small extended semi-detached house of 52m², built sometime between 2003 and 2006, which could now be worth an estimated £156,255. It was last sold for £125,000 in March 2020, which was around 38% below the average March 2020 semi-detached price in the North Northamptonshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was C.

5 JOHN LEA WAY Sold Prices

Land registry data shows three sales for 5 JOHN LEA WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 5 JOHN LEA WAY 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
2020 24 MAR	£125,000	£201,157	38% below HPI
2006 31 AUG	£105,000	£130,525	20% below HPI
2004 30 SEP	£100,000	£121,031	17% below HPI

5 JOHN 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 three 5 JOHN LEA WAY sales between September 2004 and March 2020 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 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 5 JOHN LEA WAY be worth now?

5 JOHN LEA WAY might now be worth an estimated £156,255.

This is based on house price inflation of 25%, between March 2020 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 25% inflationary increase is applied to the most recent sale price for 5 JOHN LEA WAY of £125,000 on 24th March 2020. For the value to have increased from £125,000 to £156,255 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 5 JOHN LEA WAY has moved in line with the HPI for semi-detached houses in the North Northamptonshire local authority area.
• The March 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 5 JOHN LEA WAY has not materially changed since March 2020.

How Large is 5 JOHN LEA WAY?

5 JOHN LEA WAY is 52m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% 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 5 JOHN LEA WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 5 JOHN LEA WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

5 JOHN LEA WAY: Plot and Title Map

5 JOHN LEA WAY sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 5 JOHN 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 5 JOHN 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 5 JOHN LEA WAY?

5 JOHN LEA WAY is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 5 on JOHN LEA WAY.