1, MILES CLOSE, RAUNDS, WELLINGBOROUGH, NN9 6SS - £137,000

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

1 MILES CLOSE is a very small semi-detached house of 69m², built sometime between 1996 and 2002. It was last sold for £137,000 in June 2014, which was around 41% below the average June 2014 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

1 MILES CLOSE Sold Prices

Land registry data shows four sales for 1 MILES 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 1 MILES 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
2014 27 JUN	£137,000	£231,654	41% below HPI
2004 6 AUG	£130,000	£200,294	35% below HPI
2003 11 JUL	£113,000	£173,689	35% below HPI
1999 1 OCT	£61,950	£94,523	34% below HPI

1 MILES 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 1 MILES CLOSE sales between October 1999 and June 2014 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2014 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 MILES CLOSE?

1 MILES CLOSE is 69m² according to the EPC inspection conducted in October 2019. 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 1 MILES CLOSE lies on this distribution: 7% of detached houses are smaller than 1 MILES CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Raunds.

1 MILES CLOSE: Plot and Title Map

1 MILES CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 1 MILES 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 1 MILES 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 1 MILES CLOSE?

1 MILES CLOSE is located in RAUNDS, in the NN9 postcode district. The below map shows the position of No. 1 on MILES CLOSE.