Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 NEWMARKET CLOSE is a large extended detached house of 126m², built sometime between 2003 and 2006. It was last sold for £315,000 in June 2020, which was around 7% below the average June 2020 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 16 NEWMARKET CLOSE since 1st 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 16 NEWMARKET 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 |
---|---|---|---|
2020 12 JUN | £315,000 | £339,003 | 7% below HPI |
2017 2 OCT | £255,000 | £313,569 | 19% below HPI |
2014 14 FEB | £187,000 | £224,728 | 17% below HPI |
2006 28 APR | £205,500 | £207,875 | 1% below HPI |
The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The four 16 NEWMARKET CLOSE sales between April 2006 and June 2020 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 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
16 NEWMARKET CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses in Corby, based on EPC data. The below chart shows the distribution of detached houses by size in Corby, and where 16 NEWMARKET CLOSE lies on this distribution: 64% of detached houses are smaller than 16 NEWMARKET CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Corby.
16 NEWMARKET CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 16 NEWMARKET 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 16 NEWMARKET 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.
16 NEWMARKET CLOSE is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 16 on NEWMARKET CLOSE.