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 THOMAS CLOSE is a small detached house of 99m², built sometime between 1996 and 2002. It was last sold for £280,000 in August 2021, which was around 23% below the average August 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 8 THOMAS CLOSE since 1st 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 8 THOMAS 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 |
---|---|---|---|
2021 3 AUG | £280,000 | £365,697 | 23% below HPI |
2018 26 JAN | £225,000 | £318,317 | 29% below HPI |
2008 25 JAN | £185,000 | £238,903 | 23% below HPI |
1996 16 OCT | £59,995 | £69,818 | 14% 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 four 8 THOMAS CLOSE sales between October 1996 and August 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 January 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
8 THOMAS CLOSE is 99m² according to the EPC inspection conducted in May 2017. 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 8 THOMAS CLOSE lies on this distribution: 28% of detached houses are smaller than 8 THOMAS CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Corby.
8 THOMAS CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 8 THOMAS 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 8 THOMAS 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.
8 THOMAS CLOSE is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 8 on THOMAS CLOSE.