4A, THE BANKS, WELLINGBOROUGH, NN9 5YX - £299,950

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

4A THE BANKS is a small extended detached house of 95m², built sometime between 1976 and 1982. It was last sold for £299,950 in October 2021, which was around 20% below the average October 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

4A THE BANKS Sold Prices

Land registry data shows three sales for 4A THE BANKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 4A 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 7 OCT	£299,950	£375,160	20% below HPI
2000 20 JAN	£87,500	£95,320	8% below HPI
1997 1 DEC	£60,000	£76,766	22% below HPI

4A 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 three 4A THE BANKS sales between December 1997 and October 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 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4A THE BANKS?

4A THE BANKS is 95m², which includes two extensions, according to the EPC inspection conducted in May 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 4A THE BANKS lies on this distribution: 32% of detached houses are smaller than 4A THE BANKS, and 67% of houses are larger. Note that EPC data is not available for all properties in Wellingborough.

4A THE BANKS: Plot and Title Map

4A THE BANKS sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 4A 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 4A 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 4A THE BANKS?

4A THE BANKS is located in WELLINGBOROUGH, in the NN9 postcode district. The below map shows the position of No. 4A on THE BANKS.