Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 BANKS DRIVE is a large detached house of 129m², built sometime between 2003 and 2006. It was last sold for £295,000 in November 2012, which was around 8% below the average November 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 BANKS DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Two of the three 1 BANKS DRIVE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2012 5 NOV | £295,000 | £319,061 | 8% below HPI |
2004 30 JUN | £255,000 | £276,518 | 8% below HPI |
2002 29 JAN | £207,995 | £205,625 | 1% above HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 1 BANKS DRIVE sales between January 2002 and November 2012 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 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2012 sale, which was also at 8% below the HPI.
1 BANKS DRIVE is 129m² according to the EPC inspection conducted in August 2012. This puts it in the largest 40% of detached houses in Sandy, based on EPC data. The below chart shows the distribution of detached houses by size in Sandy, and where 1 BANKS DRIVE lies on this distribution: 65% of detached houses are smaller than 1 BANKS DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Sandy.
1 BANKS DRIVE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 1 BANKS DRIVE, 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 1 BANKS DRIVE). 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.
1 BANKS DRIVE is located in SANDY, in the SG19 postcode district. The below map shows the position of No. 1 on BANKS DRIVE.