8, PALMER CLOSE, WELLINGBOROUGH, NN8 5NX - £60,500

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.

8 PALMER CLOSE is a small detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £263,876. It was last sold for £60,500 in September 1999, which was around 35% below the average September 1999 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

8 PALMER CLOSE Sold Prices

Land registry data shows two sales for 8 PALMER 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 8 PALMER 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
1999 24 SEP	£60,500	£93,487	35% below HPI
1996 14 MAY	£44,500	£66,661	33% below HPI

8 PALMER 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 8 PALMER CLOSE sales from May 1996 and September 1999 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 May 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 1999 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 8 PALMER CLOSE be worth now?

8 PALMER CLOSE might now be worth an estimated £263,876.

This is based on house price inflation of 336.2%, between September 1999 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 336.2% inflationary increase is applied to the most recent sale price for 8 PALMER CLOSE of £60,500 on 24th September 1999. For the value to have increased from £60,500 to £263,876 over the 26 years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 PALMER CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The September 1999 sale price of £60,500 represented a fair market value for the property.
• The size, condition, and specification of 8 PALMER CLOSE has not materially changed since September 1999.

How Large is 8 PALMER CLOSE?

8 PALMER CLOSE is 99m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% 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 8 PALMER CLOSE lies on this distribution: 36% of detached houses houses are smaller than 8 PALMER CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

8 PALMER CLOSE: Plot and Title Map

8 PALMER CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 8 PALMER 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 8 PALMER 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 8 PALMER CLOSE?

8 PALMER CLOSE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 8 on PALMER CLOSE.