MADISON, CHELVESTON ROAD, RAUNDS, WELLINGBOROUGH, NN9 6DA - £510,000

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

MADISON is a very large detached house of 170m², built sometime between 1930 and 1949, which could now be worth an estimated £620,550. It was last sold for £510,000 in August 2020, which was around 52% above the average August 2020 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

MADISON Sold Prices

Land registry data shows three sales for MADISON 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 MADISON 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 24 AUG	£510,000	£336,504	52% above HPI
2003 7 MAR	£290,000	£163,105	78% above HPI
1999 15 OCT	£144,000	£94,386	53% above HPI

MADISON 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 MADISON sales between October 1999 and August 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 2003 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the August 2020 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might MADISON be worth now?

MADISON might now be worth an estimated £620,550.

This is based on house price inflation of 21.7%, between August 2020 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 21.7% inflationary increase is applied to the most recent sale price for MADISON of £510,000 on 24th August 2020. For the value to have increased from £510,000 to £620,550 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of MADISON has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The August 2020 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of MADISON has not materially changed since August 2020.

How Large is MADISON?

MADISON is 170m² according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses houses in Raunds, based on EPC data. The below chart shows the distribution of detached houses houses by size in Raunds, and where MADISON lies on this distribution: 95% of detached houses houses are smaller than MADISON, and 5% of houses are larger. Note that EPC data is not available for all properties in Raunds.

MADISON: Plot and Title Map

MADISON sits on a plot of roughly 0.372 of an acre, or 1,506m². The below map shows the location of MADISON, 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 MADISON). 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 MADISON?

MADISON is located on CHELVESTON ROAD in RAUNDS, in the NN9 postcode district. The below map shows the position of MADISON on CHELVESTON ROAD.