8, THE GLADE, WELLINGBOROUGH, NN9 5YW - £235,000

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.

8 THE GLADE is a very small extended detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £287,943. It was last sold for £235,000 in February 2020, which was around 29% below the average February 2020 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

8 THE GLADE Sold Prices

Land registry data shows three sales for 8 THE GLADE 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 8 THE GLADE 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
2020 21 FEB	£235,000	£332,779	29% below HPI
2014 28 MAR	£168,500	£225,529	25% below HPI
2010 6 AUG	£133,000	£215,846	38% below HPI

8 THE GLADE 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 8 THE GLADE sales between August 2010 and February 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 March 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 THE GLADE be worth now?

8 THE GLADE might now be worth an estimated £287,943.

This is based on house price inflation of 22.5%, between February 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 22.5% inflationary increase is applied to the most recent sale price for 8 THE GLADE of £235,000 on 21st February 2020. For the value to have increased from £235,000 to £287,943 over the five years to February 2025, the following assumptions must hold true:

• The value of 8 THE GLADE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The February 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE GLADE has not materially changed since February 2020.

How Large is 8 THE GLADE?

8 THE GLADE is 85m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% 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 THE GLADE lies on this distribution: 17% of detached houses houses are smaller than 8 THE GLADE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

8 THE GLADE: Plot and Title Map

8 THE GLADE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 8 THE GLADE, 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 THE GLADE). 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 THE GLADE?

8 THE GLADE is located in WELLINGBOROUGH, in the NN9 postcode district. The below map shows the position of No. 8 on THE GLADE.