51, MEDWAY DRIVE, WELLINGBOROUGH, NN8 5XT - £230,000

51 MEDWAY DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £230,000 in March 2020, which was around 32% below the average March 2020 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

51 MEDWAY DRIVE Sold Prices

Land registry data shows five sales for 51 MEDWAY DRIVE 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 51 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
2020 2 MAR	£230,000	£338,287	32% below HPI
2012 24 JAN	£144,000	£209,813	31% below HPI
2007 29 MAR	£155,000	£221,626	30% below HPI
2006 24 NOV	£137,500	£220,385	38% below HPI
1999 11 OCT	£59,000	£94,523	38% below HPI

51 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 five 51 MEDWAY DRIVE sales between October 1999 and March 2020 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 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 51 MEDWAY DRIVE?

51 MEDWAY DRIVE is 66m² according to the EPC inspection conducted in September 2011. 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 51 MEDWAY DRIVE lies on this distribution: 5% of detached houses are smaller than 51 MEDWAY DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

51 MEDWAY DRIVE: Plot and Title Map

51 MEDWAY DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 51 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 51 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 51 MEDWAY DRIVE?

51 MEDWAY DRIVE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 51 on MEDWAY DRIVE.