42, MERESTONE ROAD, CORBY, NN18 8DH - £297,000

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

42 MERESTONE ROAD is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £297,000 in December 2021, which was around 22% below the average December 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

42 MERESTONE ROAD Sold Prices

Land registry data shows four sales for 42 MERESTONE ROAD 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 42 MERESTONE ROAD 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 17 DEC	£297,000	£381,653	22% below HPI
2017 12 DEC	£235,000	£315,387	25% below HPI
2010 12 MAY	£150,000	£210,198	29% below HPI
1997 19 DEC	£69,995	£76,766	9% below HPI

42 MERESTONE ROAD 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 42 MERESTONE ROAD sales between December 1997 and December 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 December 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 42 MERESTONE ROAD?

42 MERESTONE ROAD is 90m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Corby, based on EPC data. The below chart shows the distribution of detached houses by size in Corby, and where 42 MERESTONE ROAD lies on this distribution: 19% of detached houses are smaller than 42 MERESTONE ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Corby.

42 MERESTONE ROAD: Plot and Title Map

42 MERESTONE ROAD sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 42 MERESTONE ROAD, 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 42 MERESTONE ROAD). 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 42 MERESTONE ROAD?

42 MERESTONE ROAD is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 42 on MERESTONE ROAD.