10, MILL CLOSE, RAUNDS, WELLINGBOROUGH, NN9 6TD - £146,000

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.

10 MILL CLOSE is a very small terraced house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £190,064. It was last sold for £146,000 in May 2019, which was around 7% below the average May 2019 terraced price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was B.

10 MILL CLOSE Sold Prices

Land registry data shows two sales for 10 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two 10 MILL 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
2019 7 MAY	£146,000	£156,363	7% below HPI
2004 23 JAN	£77,500	£83,311	7% below HPI

10 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Northamptonshire local authority area over time, sourced from the HPI. The two 10 MILL CLOSE sales from January 2004 and May 2019 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 January 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2019 sale, which was also at 7% below the HPI.

What might 10 MILL CLOSE be worth now?

10 MILL CLOSE might now be worth an estimated £190,064.

This is based on house price inflation of 30.2%, between May 2019 and May 2026, for terraced 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 30.2% inflationary increase is applied to the most recent sale price for 10 MILL CLOSE of £146,000 on 7th May 2019. For the value to have increased from £146,000 to £190,064 over the seven years to May 2026, the following assumptions must hold true:

• The value of 10 MILL CLOSE has moved in line with the HPI for terraced houses in the North Northamptonshire local authority area.
• The May 2019 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MILL CLOSE has not materially changed since May 2019.

How Large is 10 MILL CLOSE?

10 MILL CLOSE is 52m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of terraced houses houses in Raunds, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Raunds, and where 10 MILL CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 10 MILL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Raunds.

10 MILL CLOSE: Plot and Title Map

10 MILL CLOSE sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of 10 MILL 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 10 MILL 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 10 MILL CLOSE?

10 MILL CLOSE is located in RAUNDS, in the NN9 postcode district. The below map shows the position of No. 10 on MILL CLOSE.