12, MELFORD CLOSE, CORBY, NN18 8NF - £240,000

12 MELFORD CLOSE is a midsized extended detached house of 122m², built sometime between 2003 and 2006. It was last sold for £240,000 in January 2023, which was around 45% below the average January 2023 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

12 MELFORD CLOSE Sold Prices

Land registry data shows three sales for 12 MELFORD 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 12 MELFORD 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
2023 16 JAN	£240,000	£436,818	45% below HPI
2012 18 JUN	£154,000	£215,943	29% below HPI
2004 14 JAN	£155,000	£185,025	16% below HPI

12 MELFORD 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 12 MELFORD CLOSE sales between January 2004 and January 2023 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 June 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 12 MELFORD CLOSE?

12 MELFORD CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses in Corby, based on EPC data. The below chart shows the distribution of detached houses by size in Corby, and where 12 MELFORD CLOSE lies on this distribution: 60% of detached houses are smaller than 12 MELFORD CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Corby.

12 MELFORD CLOSE: Plot and Title Map

12 MELFORD CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 12 MELFORD 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 12 MELFORD 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 12 MELFORD CLOSE?

12 MELFORD CLOSE is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 12 on MELFORD CLOSE.