4, MELFORD CLOSE, CORBY, NN18 8NF - £228,500

4 MELFORD CLOSE is a small extended detached house of 108m², built sometime between 2003 and 2006. It was last sold for £228,500 in July 2018, which was around 30% below the average July 2018 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

4 MELFORD CLOSE Sold Prices

Land registry data shows three sales for 4 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 4 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
2018 3 JUL	£228,500	£327,659	30% below HPI
2018 8 JUN	£235,000	£324,505	28% below HPI
2003 3 DEC	£148,000	£182,714	19% below HPI

4 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 4 MELFORD CLOSE sales between December 2003 and July 2018 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 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 MELFORD CLOSE?

4 MELFORD CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 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 4 MELFORD CLOSE lies on this distribution: 38% of detached houses are smaller than 4 MELFORD CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Corby.

4 MELFORD CLOSE: Plot and Title Map

4 MELFORD CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 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 4 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 4 MELFORD CLOSE?

4 MELFORD CLOSE is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 4 on MELFORD CLOSE.