15, THE BANKS, KILSBY, RUGBY, CV23 8XA - £237,500

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.

15 THE BANKS is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £280,663. It was last sold for £237,500 in September 2020, which was around 41% below the average September 2020 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

15 THE BANKS Sold Prices

Land registry data shows two sales for 15 THE BANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 15 THE BANKS 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 25 SEP	£237,500	£401,410	41% below HPI
1996 22 NOV	£70,000	£92,251	24% below HPI

15 THE BANKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two 15 THE BANKS sales from November 1996 and September 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 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 15 THE BANKS be worth now?

15 THE BANKS might now be worth an estimated £280,663.

This is based on house price inflation of 18.2%, between September 2020 and February 2025, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.2% inflationary increase is applied to the most recent sale price for 15 THE BANKS of £237,500 on 25th September 2020. For the value to have increased from £237,500 to £280,663 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 THE BANKS has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The September 2020 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 15 THE BANKS has not materially changed since September 2020.

How Large is 15 THE BANKS?

15 THE BANKS is 82m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses houses in Kilsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kilsby, and where 15 THE BANKS lies on this distribution: 6% of detached houses houses are smaller than 15 THE BANKS, and 94% of houses are larger. Note that EPC data is not available for all properties in Kilsby.

15 THE BANKS: Plot and Title Map

15 THE BANKS sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 15 THE BANKS, 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 15 THE BANKS). 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 15 THE BANKS?

15 THE BANKS is located in KILSBY, in the CV23 postcode district. The below map shows the position of No. 15 on THE BANKS.