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
65 MEDWAY DRIVE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £147,000 in May 2013, which was around 31% below the average May 2013 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 65 MEDWAY DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 65 MEDWAY DRIVE 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 |
---|---|---|---|
2013 2 MAY | £147,000 | £214,051 | 31% below HPI |
2007 29 JUN | £167,500 | £231,189 | 28% below HPI |
2002 8 MAY | £105,300 | £135,392 | 22% below HPI |
1998 10 DEC | £63,000 | £83,384 | 24% below HPI |
The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The four 65 MEDWAY DRIVE sales between December 1998 and May 2013 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 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
65 MEDWAY DRIVE is 71m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 65 MEDWAY DRIVE lies on this distribution: 7% of detached houses are smaller than 65 MEDWAY DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.
65 MEDWAY DRIVE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 65 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 65 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.
65 MEDWAY DRIVE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 65 on MEDWAY DRIVE.