8, SEVERN CLOSE, WELLINGBOROUGH, NN8 5WF - £195,000

8 SEVERN CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £195,000 in November 2017, which was around 38% below the average November 2017 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

8 SEVERN CLOSE Sold Prices

Land registry data shows two sales for 8 SEVERN 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 8 SEVERN 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
2017 10 NOV	£195,000	£314,950	38% below HPI
1999 10 DEC	£60,000	£94,552	37% below HPI

8 SEVERN 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 8 SEVERN CLOSE sales from December 1999 and November 2017 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 December 1999 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 SEVERN CLOSE?

8 SEVERN CLOSE is 68m² according to the EPC inspection conducted in May 2017. 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 8 SEVERN CLOSE lies on this distribution: 5% of detached houses are smaller than 8 SEVERN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

8 SEVERN CLOSE: Plot and Title Map

8 SEVERN CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 8 SEVERN 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 8 SEVERN 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 8 SEVERN CLOSE?

8 SEVERN CLOSE is located in WELLINGBOROUGH, in the NN8 postcode district. The below map shows the position of No. 8 on SEVERN CLOSE.