8, WELLAND CLOSE, RAUNDS, WELLINGBOROUGH, NN9 6SQ - £162,500

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

8 WELLAND CLOSE is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £162,500 in May 2007, which was around 28% below the average May 2007 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

8 WELLAND CLOSE Sold Prices

Land registry data shows four sales for 8 WELLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 8 WELLAND 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
2007 4 MAY	£162,500	£225,996	28% below HPI
2005 28 OCT	£160,000	£210,606	24% below HPI
2004 3 JUN	£152,000	£193,068	21% below HPI
2000 17 MAR	£81,950	£95,939	15% below HPI

8 WELLAND 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 four 8 WELLAND CLOSE sales between March 2000 and May 2007 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 October 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2007 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 WELLAND CLOSE?

8 WELLAND CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Raunds, based on EPC data. The below chart shows the distribution of detached houses by size in Raunds, and where 8 WELLAND CLOSE lies on this distribution: 10% of detached houses are smaller than 8 WELLAND CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Raunds.

8 WELLAND CLOSE: Plot and Title Map

8 WELLAND CLOSE sits on a plot of roughly 3.0 acres, or 12,217m². The below map shows the location of 8 WELLAND 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 WELLAND 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 WELLAND CLOSE?

8 WELLAND CLOSE is located in RAUNDS, in the NN9 postcode district. The below map shows the position of No. 8 on WELLAND CLOSE.