38, MEDWAY DRIVE, WELLINGBOROUGH, NN8 5XT - £200,000

38 MEDWAY DRIVE is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £200,000 in February 2021, which was around 43% below the average February 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

38 MEDWAY DRIVE Sold Prices

Land registry data shows six sales for 38 MEDWAY DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the six 38 MEDWAY DRIVE 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
2021 25 FEB	£200,000	£351,798	43% below HPI
2016 2 SEP	£179,950	£287,867	37% below HPI
2013 3 DEC	£125,000	£225,407	45% below HPI
2004 8 APR	£122,000	£187,213	35% below HPI
2002 27 SEP	£107,500	£150,024	28% below HPI
1997 27 MAR	£43,000	£70,398	39% below HPI

38 MEDWAY DRIVE 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 six 38 MEDWAY DRIVE sales between March 1997 and February 2021 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 September 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 38 MEDWAY DRIVE?

38 MEDWAY DRIVE is 62m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 38 MEDWAY DRIVE lies on this distribution: 3% of detached houses are smaller than 38 MEDWAY DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

38 MEDWAY DRIVE: Plot and Title Map

38 MEDWAY DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 38 MEDWAY DRIVE, 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 38 MEDWAY DRIVE). 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 38 MEDWAY DRIVE?

38 MEDWAY DRIVE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 38 on MEDWAY DRIVE.