5, SPEY CLOSE, WELLINGBOROUGH, NN8 5ZE - £239,000

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 SPEY CLOSE is a small extended semi-detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £294,382. It was last sold for £239,000 in November 2020, which was around 17% above the average November 2020 semi-detached price in the North Northamptonshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

5 SPEY CLOSE Sold Prices

Land registry data shows three sales for 5 SPEY CLOSE 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 SPEY CLOSE sales were for above 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 19 NOV	£239,000	£204,148	17% above HPI
1998 11 DEC	£59,995	£46,594	29% above HPI
1996 18 OCT	£50,000	£39,556	26% above HPI

5 SPEY CLOSE 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 SPEY CLOSE sales between October 1996 and November 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 December 1998 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2020 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 5 SPEY CLOSE be worth now?

5 SPEY CLOSE might now be worth an estimated £294,382.

This is based on house price inflation of 23.2%, between November 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 23.2% inflationary increase is applied to the most recent sale price for 5 SPEY CLOSE of £239,000 on 19th November 2020. For the value to have increased from £239,000 to £294,382 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 SPEY CLOSE has moved in line with the HPI for semi-detached houses in the North Northamptonshire local authority area.
• The November 2020 sale price of £239,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPEY CLOSE has not materially changed since November 2020.

How Large is 5 SPEY CLOSE?

5 SPEY CLOSE is 88m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% 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 SPEY CLOSE lies on this distribution: 21% of semi-detached houses houses are smaller than 5 SPEY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

5 SPEY CLOSE: Plot and Title Map

5 SPEY CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 5 SPEY 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 SPEY 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 SPEY CLOSE?

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