5, GAINAGE CLOSE, CORBY, NN18 8NT - £169,500

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.

5 GAINAGE CLOSE is a very small semi-detached house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £210,618. It was last sold for £169,500 in June 2020, which was around 16% below the average June 2020 semi-detached price in the North Northamptonshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

5 GAINAGE CLOSE Sold Prices

Land registry data shows five sales for 5 GAINAGE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the five 5 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 1 JUN	£169,500	£202,364	16% below HPI
2016 28 NOV	£139,950	£171,359	18% below HPI
2008 20 JUN	£126,500	£137,809	8% below HPI
2004 23 APR	£102,000	£109,568	7% below HPI
2002 16 DEC	£79,995	£86,405	7% below HPI

5 GAINAGE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The five 5 GAINAGE CLOSE sales between December 2002 and June 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 November 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 GAINAGE CLOSE be worth now?

5 GAINAGE CLOSE might now be worth an estimated £210,618.

This is based on house price inflation of 24.3%, between June 2020 and February 2025, for semi-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 24.3% inflationary increase is applied to the most recent sale price for 5 GAINAGE CLOSE of £169,500 on 1st June 2020. For the value to have increased from £169,500 to £210,618 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 5 GAINAGE CLOSE has moved in line with the HPI for semi-detached houses in the North Northamptonshire local authority area.
• The June 2020 sale price of £169,500 represented a fair market value for the property.
• The size, condition, and specification of 5 GAINAGE CLOSE has not materially changed since June 2020.

How Large is 5 GAINAGE CLOSE?

5 GAINAGE CLOSE is 58m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Corby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Corby, and where 5 GAINAGE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 5 GAINAGE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Corby.

5 GAINAGE CLOSE: Plot and Title Map

5 GAINAGE CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 5 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 5 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 5 GAINAGE CLOSE?

5 GAINAGE CLOSE is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 5 on GAINAGE CLOSE.