3, BANKS DRIVE, SANDY, SG19 1AE - £465,000

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

3 BANKS DRIVE is a very large extended detached house of 161m², built sometime between 1996 and 2002. It was last sold for £465,000 in August 2019, which was around 6% below the average August 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

3 BANKS DRIVE Sold Prices

Land registry data shows two sales for 3 BANKS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. One of the two 3 BANKS DRIVE sales was for below the average price, whilst the other 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
2019 16 AUG	£465,000	£496,243	6% below HPI
2002 28 FEB	£249,995	£207,060	21% above HPI

3 BANKS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 3 BANKS DRIVE sales from February 2002 and August 2019 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 February 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 BANKS DRIVE?

3 BANKS DRIVE is 161m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 20% of detached houses in Sandy, based on EPC data. The below chart shows the distribution of detached houses by size in Sandy, and where 3 BANKS DRIVE lies on this distribution: 85% of detached houses are smaller than 3 BANKS DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Sandy.

3 BANKS DRIVE: Plot and Title Map

3 BANKS DRIVE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 3 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 3 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.

Where is 3 BANKS DRIVE?

3 BANKS DRIVE is located in SANDY, in the SG19 postcode district. The below map shows the position of No. 3 on BANKS DRIVE.