7, SPRING GARDENS, WELLINGBOROUGH, NN8 2AA - £219,000

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.

7 SPRING GARDENS is a very small terraced house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £278,444. It was last sold for £219,000 in July 2020, which was around 37% above the average July 2020 terraced price in the North Northamptonshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was F, and the potential energy rating was B.

7 SPRING GARDENS Sold Prices

Land registry data shows three sales for 7 SPRING GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 7 SPRING GARDENS sales were for above 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 9 JUL	£219,000	£160,099	37% above HPI
2001 6 APR	£61,995	£47,587	30% above HPI
1999 30 APR	£48,000	£37,883	27% above HPI

7 SPRING GARDENS 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 three 7 SPRING GARDENS sales between April 1999 and July 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 April 2001 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 7 SPRING GARDENS be worth now?

7 SPRING GARDENS might now be worth an estimated £278,444.

This is based on house price inflation of 27.1%, between July 2020 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 27.1% inflationary increase is applied to the most recent sale price for 7 SPRING GARDENS of £219,000 on 9th July 2020. For the value to have increased from £219,000 to £278,444 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of 7 SPRING GARDENS has moved in line with the HPI for terraced houses in the North Northamptonshire local authority area.
• The July 2020 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPRING GARDENS has not materially changed since July 2020.

How Large is 7 SPRING GARDENS?

7 SPRING GARDENS is 83m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of terraced houses houses in Wellingborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wellingborough, and where 7 SPRING GARDENS lies on this distribution: 15% of terraced houses houses are smaller than 7 SPRING GARDENS, and 84% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

7 SPRING GARDENS: Plot and Title Map

7 SPRING GARDENS sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 7 SPRING GARDENS, 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 7 SPRING GARDENS). 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 7 SPRING GARDENS?

7 SPRING GARDENS is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 7 on SPRING GARDENS.