7, THE PROMENADE, WELLINGBOROUGH, NN8 5AL - £586,000

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.

7 THE PROMENADE is a very large extended detached house of 316m², built sometime between 1976 and 1982, which could now be worth an estimated £707,354. It was last sold for £586,000 in March 2020, which was around 73% above the average March 2020 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

7 THE PROMENADE Sold Prices

Land registry data shows two sales for 7 THE PROMENADE 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 THE PROMENADE 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 27 MAR	£586,000	£337,797	73% above HPI
2002 12 JUL	£275,000	£143,426	92% above HPI

7 THE PROMENADE 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 THE PROMENADE sales from July 2002 and March 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 July 2002 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the March 2020 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 7 THE PROMENADE be worth now?

7 THE PROMENADE might now be worth an estimated £707,354.

This is based on house price inflation of 20.7%, between March 2020 and February 2025, for 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 20.7% inflationary increase is applied to the most recent sale price for 7 THE PROMENADE of £586,000 on 27th March 2020. For the value to have increased from £586,000 to £707,354 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 7 THE PROMENADE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The March 2020 sale price of £586,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE PROMENADE has not materially changed since March 2020.

How Large is 7 THE PROMENADE?

7 THE PROMENADE is 316m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellingborough, and where 7 THE PROMENADE lies on this distribution: More than 99% of detached houses houses are smaller than 7 THE PROMENADE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

7 THE PROMENADE: Plot and Title Map

7 THE PROMENADE sits on a plot of roughly 0.288 of an acre, or 1,165m². The below map shows the location of 7 THE PROMENADE, 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 THE PROMENADE). 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 THE PROMENADE?

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