7, WATER LANE, CHELVESTON, WELLINGBOROUGH, NN9 6AP - £267,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 WATER LANE is a small extended detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £514,336. It was last sold for £267,000 in October 2011, which was around 26% above the average October 2011 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

7 WATER LANE Sold Prices

Land registry data shows three sales for 7 WATER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 7 WATER LANE 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
2011 28 OCT	£267,000	£212,550	26% above HPI
2004 27 AUG	£242,500	£200,004	21% above HPI
1995 25 AUG	£87,500	£67,550	30% above HPI

7 WATER LANE 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 three 7 WATER LANE sales between August 1995 and October 2011 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 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2011 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 7 WATER LANE be worth now?

7 WATER LANE might now be worth an estimated £514,336.

This is based on house price inflation of 92.6%, between October 2011 and December 2024, 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 92.6% inflationary increase is applied to the most recent sale price for 7 WATER LANE of £267,000 on 28th October 2011. For the value to have increased from £267,000 to £514,336 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 WATER LANE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The October 2011 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WATER LANE has not materially changed since October 2011.

How Large is 7 WATER LANE?

7 WATER LANE is 131m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% of detached houses houses in Chelveston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelveston, and where 7 WATER LANE lies on this distribution: 39% of detached houses houses are smaller than 7 WATER LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Chelveston.

7 WATER LANE: Plot and Title Map

7 WATER LANE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 7 WATER LANE, 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 WATER LANE). 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 WATER LANE?

7 WATER LANE is located in CHELVESTON, in the NN9 postcode district. The below map shows the position of No. 7 on WATER LANE.