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According to the public record, 2, Castle Lane, Wellingborough is a period freehold house with 2,497 ft2 of internal area and sits on a 881 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Castle Lane, Wellingborough is £635,010 and the estimated rental value is £2,413 per month.
Castle Lane, Wellingborough, NN8 is located within the NN8 postal district.
2, Castle Lane, Wellingborough has 21 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Castle Lane, Wellingborough is in very good condition we estimate a sale value of £666,760 and a rental value of £2,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £590,559 and a rental value of £2,244 per month.
Over the last 12 months the sale value of 2 Castle Lane Wellingborough has decreased by an estimated £11,816 (1.9%) and its rental value has increased by an estimated £15 per month (0.6%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 2, Castle Lane, Wellingborough sits on a plot of 881m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Castle Lane, Wellingborough sits on the 2nd largest plot.
2, Castle Lane, Wellingborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Castle Lane, Wellingborough was last sold on 10th December 2021 for £600,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2021, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Castle Lane, Wellingborough within a radius of 570 metres over the last 2 years.
The most recent example is 62, Midland Road, Wellingborough, NN8 1LU, a freehold house which sold for £495,000 on the 16th October 2020.
Read more about house prices in NN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Lane, Wellingborough, NN8 has a total of 4 addresses. According to our analysis of all the public data, 2, Castle Lane, Wellingborough is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £400k more expensive than the average property in NN8.
The closest station to 2, Castle Lane, Wellingborough is Wellingborough station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Castle Lane, Wellingborough, 35.7% of property is privately owned with a mortgage and 32.9% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Castle Lane, Wellingborough, 16.5% of residents are recorded as possessing school level qualifications and 37.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Castle Lane, Wellingborough, the average age was 40.8 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Castle Lane, Wellingborough, 0.3% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Castle Lane, Wellingborough, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.