61, MEDWAY DRIVE, WELLINGBOROUGH, NN8 5WZ - £268,000

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

61 MEDWAY DRIVE is a small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £268,000 in January 2016, which was about the average January 2016 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

61 MEDWAY DRIVE Sold Prices

Land registry data shows two sales for 61 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 61 MEDWAY DRIVE sales was roughly equal to the average price, whilst the other was 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
2016 5 JAN	£268,000	£266,701	Close to HPI
2003 27 MAR	£189,995	£163,341	16% above HPI

61 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 61 MEDWAY DRIVE sales from March 2003 and January 2016 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 March 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 61 MEDWAY DRIVE?

61 MEDWAY DRIVE is 91m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 61 MEDWAY DRIVE lies on this distribution: 26% of detached houses are smaller than 61 MEDWAY DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

61 MEDWAY DRIVE: Plot and Title Map

61 MEDWAY DRIVE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 61 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 61 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 61 MEDWAY DRIVE?

61 MEDWAY DRIVE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 61 on MEDWAY DRIVE.