8, THOMAS CLOSE, CORBY, NN18 9NG - £280,000

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.

8 THOMAS CLOSE is a small detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £319,315. It was last sold for £280,000 in August 2021, which was around 23% below the average August 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

8 THOMAS CLOSE Sold Prices

Land registry data shows four sales for 8 THOMAS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 8 THOMAS 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
2021 3 AUG	£280,000	£365,167	23% below HPI
2018 26 JAN	£225,000	£317,855	29% below HPI
2008 25 JAN	£185,000	£238,557	22% below HPI
1996 16 OCT	£59,995	£69,717	14% below HPI

8 THOMAS 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 four 8 THOMAS CLOSE sales between October 1996 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 January 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 THOMAS CLOSE be worth now?

8 THOMAS CLOSE might now be worth an estimated £319,315.

This is based on house price inflation of 14%, between August 2021 and August 2025, for 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 14% inflationary increase is applied to the most recent sale price for 8 THOMAS CLOSE of £280,000 on 3rd August 2021. For the value to have increased from £280,000 to £319,315 over the four years to August 2025, the following assumptions must hold true:

• The value of 8 THOMAS CLOSE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The August 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THOMAS CLOSE has not materially changed since August 2021.

How Large is 8 THOMAS CLOSE?

8 THOMAS CLOSE is 99m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses houses in Corby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corby, and where 8 THOMAS CLOSE lies on this distribution: 29% of detached houses houses are smaller than 8 THOMAS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Corby.

8 THOMAS CLOSE: Plot and Title Map

8 THOMAS CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 8 THOMAS 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 8 THOMAS 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 8 THOMAS CLOSE?

8 THOMAS CLOSE is located in CORBY, in the NN18 postcode district. The below map shows the position of No. 8 on THOMAS CLOSE.