1, DRESDEN CLOSE, CORBY, NN18 9EL - £125,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 DRESDEN CLOSE is a very small terraced house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £160,616. It was last sold for £125,000 in July 2020, which was around 22% below the average July 2020 terraced price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

1 DRESDEN CLOSE Sold Prices

Land registry data shows four sales for 1 DRESDEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 1 DRESDEN 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
2020 10 JUL	£125,000	£160,099	22% below HPI
2010 9 APR	£62,500	£101,509	38% below HPI
2004 10 DEC	£77,000	£97,553	21% below HPI
2001 30 NOV	£40,500	£52,327	23% below HPI

1 DRESDEN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Northamptonshire local authority area over time, sourced from the HPI. The four 1 DRESDEN CLOSE sales between November 2001 and July 2020 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 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1 DRESDEN CLOSE be worth now?

1 DRESDEN CLOSE might now be worth an estimated £160,616.

This is based on house price inflation of 28.5%, between July 2020 and August 2025, for terraced 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 28.5% inflationary increase is applied to the most recent sale price for 1 DRESDEN CLOSE of £125,000 on 10th July 2020. For the value to have increased from £125,000 to £160,616 over the four years and eleven months to August 2025, the following assumptions must hold true:

• The value of 1 DRESDEN CLOSE has moved in line with the HPI for terraced houses in the North Northamptonshire local authority area.
• The July 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DRESDEN CLOSE has not materially changed since July 2020.

How Large is 1 DRESDEN CLOSE?

1 DRESDEN CLOSE is 83m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of terraced houses houses in Corby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Corby, and where 1 DRESDEN CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 1 DRESDEN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Corby.

1 DRESDEN CLOSE: Plot and Title Map

1 DRESDEN CLOSE sits on a plot of roughly 10.2 acres, or 41,221m². The below map shows the location of 1 DRESDEN 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 1 DRESDEN 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 1 DRESDEN CLOSE?

1 DRESDEN CLOSE is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 1 on DRESDEN CLOSE.