12, ROYCE CLOSE, CORBY, NN17 1YL - £230,000

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.

12 ROYCE CLOSE is a very small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £254,645. It was last sold for £230,000 in September 2021, which was around 38% below the average September 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

12 ROYCE CLOSE Sold Prices

Land registry data shows three sales for 12 ROYCE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 12 ROYCE 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
2021 17 SEP	£230,000	£368,288	38% below HPI
2001 12 OCT	£78,500	£121,016	35% below HPI
2001 24 JAN	£69,000	£110,001	37% below HPI

12 ROYCE 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 three 12 ROYCE CLOSE sales between January 2001 and September 2021 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 October 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 12 ROYCE CLOSE be worth now?

12 ROYCE CLOSE might now be worth an estimated £254,645.

This is based on house price inflation of 10.7%, between September 2021 and February 2025, 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 10.7% inflationary increase is applied to the most recent sale price for 12 ROYCE CLOSE of £230,000 on 17th September 2021. For the value to have increased from £230,000 to £254,645 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 ROYCE CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The September 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ROYCE CLOSE has not materially changed since September 2021.

How Large is 12 ROYCE CLOSE?

12 ROYCE CLOSE is 87m² according to the EPC inspection conducted in April 2021. 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 12 ROYCE CLOSE lies on this distribution: 15% of detached houses houses are smaller than 12 ROYCE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Corby.

12 ROYCE CLOSE: Plot and Title Map

12 ROYCE CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 12 ROYCE 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 12 ROYCE 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 12 ROYCE CLOSE?

12 ROYCE CLOSE is located in CORBY, in the NN17 postcode district. The below map shows the position of No. 12 on ROYCE CLOSE.