40, LAVENDER CLOSE, CORBY, NN18 8PD - £225,000

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

40 LAVENDER CLOSE is a small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £225,000 in December 2019, which was around 31% below the average December 2019 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

40 LAVENDER CLOSE Sold Prices

Land registry data shows two sales for 40 LAVENDER CLOSE 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 40 LAVENDER 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
2019 13 DEC	£225,000	£328,314	31% below HPI
2003 11 DEC	£132,500	£182,714	27% below HPI

40 LAVENDER 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 two 40 LAVENDER CLOSE sales from December 2003 and December 2019 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 December 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 40 LAVENDER CLOSE?

40 LAVENDER CLOSE is 94m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses in Corby, based on EPC data. The below chart shows the distribution of detached houses by size in Corby, and where 40 LAVENDER CLOSE lies on this distribution: 24% of detached houses are smaller than 40 LAVENDER CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Corby.

40 LAVENDER CLOSE: Plot and Title Map

40 LAVENDER CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 40 LAVENDER 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 40 LAVENDER 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 40 LAVENDER CLOSE?

40 LAVENDER CLOSE is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 40 on LAVENDER CLOSE.