Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
8 MERESTONE ROAD is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £101,000 in October 2003, which was around 44% below the average October 2003 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 MERESTONE ROAD since 1st 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 8 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 |
---|---|---|---|
2003 17 OCT | £101,000 | £180,954 | 44% below HPI |
1997 18 APR | £45,000 | £70,830 | 36% below HPI |
1996 26 JUL | £52,750 | £68,085 | 23% 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 three 8 MERESTONE ROAD sales between July 1996 and October 2003 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 1997 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2003 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
8 MERESTONE ROAD is 56m² according to the EPC inspection conducted in October 2017. 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 8 MERESTONE ROAD lies on this distribution: 1% of detached houses are smaller than 8 MERESTONE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Corby.
8 MERESTONE ROAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 8 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 8 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.
8 MERESTONE ROAD is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 8 on MERESTONE ROAD.