5, MEDWAY DRIVE, WELLINGBOROUGH, NN8 5XT - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MEDWAY DRIVE is a large detached house of 118m², built sometime between 1976 and 1982. It was last sold for £340,000 in December 2019, which was around 4% above the average December 2019 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

5 MEDWAY DRIVE Sold Prices

Land registry data shows two sales for 5 MEDWAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. One of the two 5 MEDWAY DRIVE sales was for above the average price, whilst the other was 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
2019 12 DEC	£340,000	£328,314	4% above HPI
2014 8 AUG	£220,000	£237,082	7% below HPI

5 MEDWAY DRIVE 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 two 5 MEDWAY DRIVE sales from August 2014 and December 2019 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 5 MEDWAY DRIVE?

5 MEDWAY DRIVE is 118m² according to the EPC inspection conducted in October 2019. This puts it in the largest 40% 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 MEDWAY DRIVE lies on this distribution: 61% of detached houses are smaller than 5 MEDWAY DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

5 MEDWAY DRIVE: Plot and Title Map

5 MEDWAY DRIVE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 5 MEDWAY DRIVE, 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 MEDWAY DRIVE). 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 MEDWAY DRIVE?

5 MEDWAY DRIVE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 5 on MEDWAY DRIVE.