15, THE BANKS, WELLINGBOROUGH, NN9 5YX - £257,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 THE BANKS is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £257,000 in June 2021, which was around 27% below the average June 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

15 THE BANKS Sold Prices

Land registry data shows four sales for 15 THE BANKS 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 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
2021 11 JUN	£257,000	£353,471	27% below HPI
2004 28 MAY	£144,000	£188,566	24% below HPI
2000 3 MAR	£79,995	£95,939	17% below HPI
1997 12 JUN	£56,000	£73,246	24% below HPI

15 THE BANKS 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 15 THE BANKS sales between June 1997 and June 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 May 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 15 THE BANKS?

15 THE BANKS is 95m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses in Wellingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingborough, and where 15 THE BANKS lies on this distribution: 32% of detached houses are smaller than 15 THE BANKS, and 67% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

15 THE BANKS: Plot and Title Map

15 THE BANKS sits on a plot of roughly 0.069 of an acre, or 279m². 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 WELLINGBOROUGH, in the NN9 postcode district. The below map shows the position of No. 15 on THE BANKS.