3, PALMER CLOSE, WELLINGBOROUGH, NN8 5NX - £295,000

3 PALMER CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £295,000 in April 2023, which was around 31% below the average April 2023 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

3 PALMER CLOSE Sold Prices

Land registry data shows two sales for 3 PALMER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two 3 PALMER 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
2023 21 APR	£295,000	£430,243	31% below HPI
2016 11 NOV	£225,000	£289,349	22% below HPI

3 PALMER 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 two 3 PALMER CLOSE sales from November 2016 and April 2023 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 November 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 PALMER CLOSE?

3 PALMER CLOSE is 77m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 3 PALMER CLOSE lies on this distribution: 12% of detached houses are smaller than 3 PALMER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

3 PALMER CLOSE: Plot and Title Map

3 PALMER CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 3 PALMER 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 3 PALMER 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 3 PALMER CLOSE?

3 PALMER CLOSE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 3 on PALMER CLOSE.