11, MICHAELS DRIVE, CORBY, NN17 5FW - £227,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 MICHAELS DRIVE is a very small detached house of 89m², which could now be worth an estimated £293,055. It was last sold for £227,500 in January 2018, which was around 28% below the average January 2018 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

11 MICHAELS DRIVE Sold Prices

Land registry data shows two sales for 11 MICHAELS DRIVE 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 11 MICHAELS 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
2018 12 JAN	£227,500	£317,855	28% below HPI
2016 2 SEP	£194,995	£287,450	32% below HPI

11 MICHAELS 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 two 11 MICHAELS DRIVE sales from September 2016 and January 2018 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 September 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 MICHAELS DRIVE be worth now?

11 MICHAELS DRIVE might now be worth an estimated £293,055.

This is based on house price inflation of 28.8%, between January 2018 and December 2024, for detached 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 28.8% inflationary increase is applied to the most recent sale price for 11 MICHAELS DRIVE of £227,500 on 12th January 2018. For the value to have increased from £227,500 to £293,055 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 11 MICHAELS DRIVE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The January 2018 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 11 MICHAELS DRIVE has not materially changed since January 2018.

How Large is 11 MICHAELS DRIVE?

11 MICHAELS DRIVE is 89m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses houses in Corby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corby, and where 11 MICHAELS DRIVE lies on this distribution: 18% of detached houses houses are smaller than 11 MICHAELS DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Corby.

11 MICHAELS DRIVE: Plot and Title Map

11 MICHAELS DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 11 MICHAELS 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 11 MICHAELS 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 11 MICHAELS DRIVE?

11 MICHAELS DRIVE is located in CORBY, in the NN17 postcode district. The below map shows the position of No. 11 on MICHAELS DRIVE.