40, MENDIP WAY, CORBY, NN18 8GJ - £193,000

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.

40 MENDIP WAY is a midsized terraced house of 111m², which could now be worth an estimated £253,082. It was last sold for £193,000 in February 2018, which was around 26% above the average February 2018 terraced price in the North Northamptonshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was C.

40 MENDIP WAY Sold Prices

Land registry data shows two sales for 40 MENDIP WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two 40 MENDIP WAY sales were for above 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 15 FEB	£193,000	£153,485	26% above HPI
2015 10 DEC	£166,000	£128,534	29% above HPI

40 MENDIP WAY 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 two 40 MENDIP WAY sales from December 2015 and February 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 December 2015 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2018 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 40 MENDIP WAY be worth now?

40 MENDIP WAY might now be worth an estimated £253,082.

This is based on house price inflation of 31.1%, between February 2018 and June 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 31.1% inflationary increase is applied to the most recent sale price for 40 MENDIP WAY of £193,000 on 15th February 2018. For the value to have increased from £193,000 to £253,082 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 40 MENDIP WAY has moved in line with the HPI for terraced houses in the North Northamptonshire local authority area.
• The February 2018 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MENDIP WAY has not materially changed since February 2018.

How Large is 40 MENDIP WAY?

40 MENDIP WAY is 111m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 50% 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 40 MENDIP WAY lies on this distribution: 43% of terraced houses houses are smaller than 40 MENDIP WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Corby.

40 MENDIP WAY: Plot and Title Map

40 MENDIP WAY sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 40 MENDIP WAY, 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 40 MENDIP WAY). 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 40 MENDIP WAY?

40 MENDIP WAY is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 40 on MENDIP WAY.