5, MALVERN CLOSE, WELLINGBOROUGH, NN8 2RU - £250,000

5 MALVERN CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £250,000 in March 2021, which was around 30% below the average March 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

5 MALVERN CLOSE Sold Prices

Land registry data shows five sales for 5 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the five 5 MALVERN 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
2021 5 MAR	£250,000	£356,372	30% below HPI
2014 22 OCT	£182,000	£241,374	25% below HPI
2006 17 MAR	£160,000	£203,591	21% below HPI
2005 20 MAY	£153,000	£205,181	25% below HPI
2000 4 AUG	£94,450	£107,368	12% below HPI

5 MALVERN 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 five 5 MALVERN CLOSE sales between August 2000 and March 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 October 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 MALVERN CLOSE?

5 MALVERN CLOSE is 82m² according to the EPC inspection conducted in November 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 5 MALVERN CLOSE lies on this distribution: 16% of detached houses are smaller than 5 MALVERN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

5 MALVERN CLOSE: Plot and Title Map

5 MALVERN CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 5 MALVERN 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 5 MALVERN 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 5 MALVERN CLOSE?

5 MALVERN CLOSE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 5 on MALVERN CLOSE.