12, SURREY CLOSE, CORBY, NN17 2TG - £297,500

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

12 SURREY CLOSE is a very small detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £313,018. It was last sold for £297,500 in May 2024, which was around 24% below the average May 2024 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

12 SURREY CLOSE Sold Prices

Land registry data shows four sales for 12 SURREY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 12 SURREY 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
2024 3 MAY	£297,500	£389,147	24% below HPI
2021 29 SEP	£315,000	£368,288	14% below HPI
2019 16 APR	£265,000	£331,794	20% below HPI
2004 26 MAR	£127,250	£187,100	32% below HPI

12 SURREY 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 four 12 SURREY CLOSE sales between March 2004 and May 2024 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 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 SURREY CLOSE be worth now?

12 SURREY CLOSE might now be worth an estimated £313,018.

This is based on house price inflation of 5.2%, between May 2024 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 5.2% inflationary increase is applied to the most recent sale price for 12 SURREY CLOSE of £297,500 on 3rd May 2024. For the value to have increased from £297,500 to £313,018 over the five months to December 2024, the following assumptions must hold true:

• The value of 12 SURREY CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The May 2024 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 12 SURREY CLOSE has not materially changed since May 2024.

How Large is 12 SURREY CLOSE?

12 SURREY CLOSE is 87m² according to the EPC inspection conducted in October 2018. 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 SURREY CLOSE lies on this distribution: 15% of detached houses houses are smaller than 12 SURREY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Corby.

12 SURREY CLOSE: Plot and Title Map

12 SURREY CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 12 SURREY 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 SURREY 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 SURREY CLOSE?

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