32, BANKS DRIVE, SANDY, SG19 1AE - £390,000

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

32 BANKS DRIVE is a very small detached house of 87m², built sometime between 2003 and 2006. It was last sold for £390,000 in August 2022, which was around 31% below the average August 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

32 BANKS DRIVE Sold Prices

Land registry data shows four sales for 32 BANKS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 32 BANKS DRIVE 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
2022 5 AUG	£390,000	£566,362	31% below HPI
2014 4 FEB	£248,000	£338,169	27% below HPI
2010 12 OCT	£228,000	£323,178	29% below HPI
2002 28 JUN	£154,995	£221,977	30% below HPI

32 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 four 32 BANKS DRIVE sales between June 2002 and August 2022 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 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 32 BANKS DRIVE?

32 BANKS DRIVE is 87m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 32 BANKS DRIVE lies on this distribution: 14% of detached houses are smaller than 32 BANKS DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sandy.

32 BANKS DRIVE: Plot and Title Map

32 BANKS DRIVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 32 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 32 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 32 BANKS DRIVE?

32 BANKS DRIVE is located in SANDY, in the SG19 postcode district. The below map shows the position of No. 32 on BANKS DRIVE.