# 51 HORSE GREEN WAY, IRCHESTER, WELLINGBOROUGH, NORTH NORTHAMPTONSHIRE, NN29 7FL

## Property details

- Slug: `7eb23ad` (address key hash: `7eb23ad918d141b9e25582da1c08449c669044cc`)
- Postcode: NN29 7FL
- Transactions on record: 1

- Tenure: Freehold
- Property type: Detached
- Floor area: 95 m²
- EPC rating: B
- Last sold: £365,000 Jan 2026
- Price per m²: £3,842/m²
- Local average: £562,627 (13 sales)

## Latest sale

- Price: £365,000
- Date: 2026-01-16
- Type: D
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** A
- **Expiry date:** 05/11/2033
- **Current heating cost:** £527/year
- **Est. upgrade cost to C:** £9,500

### Recommendations
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0190-3960-0432-7300-3973)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-16 | £365,000 | Detached | — | £369,367 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c32-e7a5-591c-e063-4704a8c00c31) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 51 HORSE GREEN WAY, IRCHESTER, WELLINGBOROUGH, NORTH NORTHAMPTONSHIRE, NN29 7FL | £365,000 | 16/01/2026 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 HORSE GREEN WAY, IRCHESTER, WELLINGBOROUGH, NORTH NORTHAMPTONSHIRE, NN29 7FL | £409,950 | 06/10/2023 | Detached |
| 5 HORSE GREEN WAY, IRCHESTER, WELLINGBOROUGH, NORTH NORTHAMPTONSHIRE, NN29 7FL | £539,950 | 31/03/2023 | Detached |

**Area average:** £474,950 (2 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 19.5%
- **10y growth:** -10.5%

## House Price Index (HM Land Registry)

*Official index for East Midlands; Detached series; as of March 2026.*

- **1y growth (index):** 1.8%
- **5y growth (index):** 17.5%
- **10y growth (index):** 48.6%

## Rental Range

*ONS Price Index of Private Rents (East Midlands). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £820/mo
- **Realistic:** £911/mo
- **Optimistic:** £1,002/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Northants Central (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | As seen on |
|------|------|------|------|
| 1 Bed Flat, Rose Court, NN29 | £850/mo | 1 | OpenRent |
| 2 Bed Terraced House, Wollaston Road, NN29 | £975/mo | 2 | OpenRent |
| 2 Bed Terraced House, Norman Way, NN29 | £975/mo | 2 | OpenRent |
| 2 Bed Terraced House, High Street, NN29 | £995/mo | 2 | OpenRent |

**Average rent: £949/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.27% (weak for cashflow)
- **Max investor price (0.8%):** £121,875
- **Target investor price (1%):** £97,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £975/mo).*

- **Gross yield:** 3.2%
- **Cost-to-rent:** 31.2×
- **Monthly cashflow:** £-585/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -6.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*