40, OAK WOOD DRIVE, CORBY, NN18 9BZ - £232,250

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

40 OAK WOOD DRIVE is a small detached house of 94m², which could now be worth an estimated £275,538. It was last sold for £232,250 in February 2021, which was around 33% below the average February 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

40 OAK WOOD DRIVE Sold Prices

Land registry data shows two sales for 40 OAK WOOD DRIVE 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 OAK WOOD DRIVE 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 19 FEB	£232,250	£345,121	33% below HPI
2018 30 APR	£216,995	£323,084	33% below HPI

40 OAK WOOD DRIVE 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 OAK WOOD DRIVE sales from April 2018 and February 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 April 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2021 sale, which was also at 33% below the HPI.

What might 40 OAK WOOD DRIVE be worth now?

40 OAK WOOD DRIVE might now be worth an estimated £275,538.

This is based on house price inflation of 18.6%, between February 2021 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 18.6% inflationary increase is applied to the most recent sale price for 40 OAK WOOD DRIVE of £232,250 on 19th February 2021. For the value to have increased from £232,250 to £275,538 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 40 OAK WOOD DRIVE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The February 2021 sale price of £232,250 represented a fair market value for the property.
• The size, condition, and specification of 40 OAK WOOD DRIVE has not materially changed since February 2021.

How Large is 40 OAK WOOD DRIVE?

40 OAK WOOD DRIVE is 94m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% 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 40 OAK WOOD DRIVE lies on this distribution: 24% of detached houses houses are smaller than 40 OAK WOOD DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Corby.

40 OAK WOOD DRIVE: Plot and Title Map

40 OAK WOOD DRIVE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 40 OAK WOOD DRIVE, 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 OAK WOOD DRIVE). 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 OAK WOOD DRIVE?

40 OAK WOOD DRIVE is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 40 on OAK WOOD DRIVE.