55, JOHN LEA WAY, WELLINGBOROUGH, NN8 2QA - £245,000

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.

55 JOHN LEA WAY is a small semi-detached house of 88m², built sometime from 2007 onwards, which could now be worth an estimated £300,586. It was last sold for £245,000 in January 2021, which was around 20% above the average January 2021 semi-detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

55 JOHN LEA WAY Sold Prices

Land registry data shows three sales for 55 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 55 JOHN LEA WAY 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
2021 28 JAN	£245,000	£204,954	20% above HPI
2018 5 JUN	£220,000	£193,609	14% above HPI
2008 23 JUN	£172,000	£137,809	25% above HPI

55 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 55 JOHN LEA WAY sales between June 2008 and January 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 June 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 55 JOHN LEA WAY be worth now?

55 JOHN LEA WAY might now be worth an estimated £300,586.

This is based on house price inflation of 22.7%, between January 2021 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 22.7% inflationary increase is applied to the most recent sale price for 55 JOHN LEA WAY of £245,000 on 28th January 2021. For the value to have increased from £245,000 to £300,586 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 55 JOHN LEA WAY has moved in line with the HPI for semi-detached houses in the North Northamptonshire local authority area.
• The January 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 55 JOHN LEA WAY has not materially changed since January 2021.

How Large is 55 JOHN LEA WAY?

55 JOHN LEA WAY is 88m² according to the EPC inspection conducted in August 2017. 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 55 JOHN LEA WAY lies on this distribution: 21% of semi-detached houses houses are smaller than 55 JOHN LEA WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

55 JOHN LEA WAY: Plot and Title Map

55 JOHN LEA WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 55 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 55 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 55 JOHN LEA WAY?

55 JOHN LEA WAY is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 55 on JOHN LEA WAY.