5, RICHARDSON WAY, RAUNDS, WELLINGBOROUGH, NN9 6RH - £189,950

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 RICHARDSON WAY is a very small detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £297,071. It was last sold for £189,950 in November 2015, which was around 27% below the average November 2015 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

5 RICHARDSON WAY Sold Prices

Land registry data shows five sales for 5 RICHARDSON WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the five 5 RICHARDSON 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
2015 27 NOV	£189,950	£260,720	27% below HPI
2009 29 MAY	£145,000	£193,931	25% below HPI
2004 30 APR	£150,000	£186,941	20% below HPI
2002 3 MAY	£95,000	£135,195	30% below HPI
2000 31 AUG	£75,000	£107,212	30% below HPI

5 RICHARDSON WAY 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 five 5 RICHARDSON WAY sales between August 2000 and November 2015 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 May 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 RICHARDSON WAY be worth now?

5 RICHARDSON WAY might now be worth an estimated £297,071.

This is based on house price inflation of 56.4%, between November 2015 and February 2025, for 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 56.4% inflationary increase is applied to the most recent sale price for 5 RICHARDSON WAY of £189,950 on 27th November 2015. For the value to have increased from £189,950 to £297,071 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 RICHARDSON WAY has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The November 2015 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 5 RICHARDSON WAY has not materially changed since November 2015.

How Large is 5 RICHARDSON WAY?

5 RICHARDSON WAY is 69m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Raunds, based on EPC data. The below chart shows the distribution of detached houses houses by size in Raunds, and where 5 RICHARDSON WAY lies on this distribution: 6% of detached houses houses are smaller than 5 RICHARDSON WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Raunds.

5 RICHARDSON WAY: Plot and Title Map

5 RICHARDSON WAY sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 5 RICHARDSON 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 RICHARDSON 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 RICHARDSON WAY?

5 RICHARDSON WAY is located in RAUNDS, in the NN9 postcode district. The below map shows the position of No. 5 on RICHARDSON WAY.