2, GAINAGE CLOSE, CORBY, NN18 8NT - £115,000

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

2 GAINAGE CLOSE is a very small detached house of 52m², built sometime between 1996 and 2002. It was last sold for £115,000 in June 2011, which was around 45% below the average June 2011 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

2 GAINAGE CLOSE Sold Prices

Land registry data shows three sales for 2 GAINAGE 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 2 GAINAGE 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
2011 1 JUN	£115,000	£210,140	45% below HPI
2006 10 NOV	£147,500	£220,385	33% below HPI
2002 20 SEP	£86,995	£150,024	42% below HPI

2 GAINAGE 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 2 GAINAGE CLOSE sales between September 2002 and June 2011 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 November 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2011 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 2 GAINAGE CLOSE?

2 GAINAGE CLOSE is 52m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Corby, based on EPC data. The below chart shows the distribution of detached houses by size in Corby, and where 2 GAINAGE CLOSE lies on this distribution: 1% of detached houses are smaller than 2 GAINAGE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Corby.

2 GAINAGE CLOSE: Plot and Title Map

2 GAINAGE CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 GAINAGE 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 2 GAINAGE 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 2 GAINAGE CLOSE?

2 GAINAGE CLOSE is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 2 on GAINAGE CLOSE.