1, GAINAGE CLOSE, CORBY, NN18 8NT - £218,000

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 GAINAGE CLOSE is a small extended detached house of 96m², built sometime between 2003 and 2006, which could now be worth an estimated £267,710. It was last sold for £218,000 in September 2020, which was around 36% below the average September 2020 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

1 GAINAGE CLOSE Sold Prices

Land registry data shows three sales for 1 GAINAGE CLOSE since 1^st 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 1 GAINAGE 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 21 SEP	£218,000	£339,113	36% below HPI
2005 1 APR	£129,000	£202,621	36% below HPI
2002 20 DEC	£89,995	£155,770	42% below HPI

1 GAINAGE CLOSE 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 three 1 GAINAGE CLOSE sales between December 2002 and September 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 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2020 sale, which was also at 36% below the HPI.

What might 1 GAINAGE CLOSE be worth now?

1 GAINAGE CLOSE might now be worth an estimated £267,710.

This is based on house price inflation of 22.8%, between September 2020 and August 2025, 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 22.8% inflationary increase is applied to the most recent sale price for 1 GAINAGE CLOSE of £218,000 on 21st September 2020. For the value to have increased from £218,000 to £267,710 over the five years and one month to August 2025, the following assumptions must hold true:

• The value of 1 GAINAGE CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The September 2020 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GAINAGE CLOSE has not materially changed since September 2020.

How Large is 1 GAINAGE CLOSE?

1 GAINAGE CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in September 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 1 GAINAGE CLOSE lies on this distribution: 26% of detached houses houses are smaller than 1 GAINAGE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Corby.

1 GAINAGE CLOSE: Plot and Title Map

1 GAINAGE CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 1 GAINAGE 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 GAINAGE 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 GAINAGE CLOSE?

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