40, MERESTONE ROAD, CORBY, NN18 8DH - £220,000

40 MERESTONE ROAD is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £220,000 in August 2021, which was around 42% below the average August 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

40 MERESTONE ROAD Sold Prices

Land registry data shows five sales for 40 MERESTONE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the five 40 MERESTONE ROAD 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
2021 20 AUG	£220,000	£377,445	42% below HPI
2007 13 JUL	£157,000	£235,042	33% below HPI
2005 1 JUN	£128,500	£203,496	37% below HPI
2002 24 SEP	£95,000	£150,024	37% below HPI
1998 27 FEB	£59,995	£77,043	22% below HPI

40 MERESTONE ROAD 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 five 40 MERESTONE ROAD sales between February 1998 and August 2021 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 July 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 40 MERESTONE ROAD?

40 MERESTONE ROAD is 82m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Corby, based on EPC data. The below chart shows the distribution of detached houses by size in Corby, and where 40 MERESTONE ROAD lies on this distribution: 11% of detached houses are smaller than 40 MERESTONE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Corby.

40 MERESTONE ROAD: Plot and Title Map

40 MERESTONE ROAD sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 40 MERESTONE ROAD, 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 MERESTONE ROAD). 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 MERESTONE ROAD?

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