7, RIBBLE CLOSE, WELLINGBOROUGH, NN8 5XJ - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 RIBBLE CLOSE is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £320,000 in January 2023, which was around 23% below the average January 2023 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

7 RIBBLE CLOSE Sold Prices

Land registry data shows two sales for 7 RIBBLE CLOSE 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. Both of the two 7 RIBBLE CLOSE 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
2023 9 JAN	£320,000	£413,541	23% below HPI
2020 21 AUG	£258,000	£336,992	23% below HPI

7 RIBBLE CLOSE 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 7 RIBBLE CLOSE sales from August 2020 and January 2023 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 August 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2023 sale, which was also at 23% below the HPI.

How Large is 7 RIBBLE CLOSE?

7 RIBBLE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 7 RIBBLE CLOSE lies on this distribution: 26% of detached houses are smaller than 7 RIBBLE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

7 RIBBLE CLOSE: Plot and Title Map

7 RIBBLE CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 7 RIBBLE 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 7 RIBBLE 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 7 RIBBLE CLOSE?

7 RIBBLE CLOSE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 7 on RIBBLE CLOSE.