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
46 BANKS DRIVE is a very large detached house of 164m², built sometime between 2007 and 2011. It was last sold for £523,000 in November 2021, which was around 1% below the average November 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 46 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. One of the three 46 BANKS DRIVE sales was for below the average price, whilst two were 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 |
---|---|---|---|
2021 12 NOV | £523,000 | £526,756 | 1% below HPI |
2012 25 JAN | £325,000 | £312,286 | 4% above HPI |
2004 28 MAY | £321,995 | £276,241 | 17% 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 46 BANKS DRIVE sales between May 2004 and November 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 January 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
46 BANKS DRIVE is 164m² according to the EPC inspection conducted in April 2021. 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 46 BANKS DRIVE lies on this distribution: 85% of detached houses are smaller than 46 BANKS DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Sandy.
46 BANKS DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 46 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 46 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.
46 BANKS DRIVE is located in SANDY, in the SG19 postcode district. The below map shows the position of No. 46 on BANKS DRIVE.