55, THE BANKS, HACKLETON, NORTHAMPTON, NN7 2AF - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

55 THE BANKS is a very small semi-detached house of 66m², which could now be worth an estimated £277,187. It was last sold for £245,000 in September 2021, which was around 2% below the average September 2021 semi-detached price in the West Northamptonshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

55 THE BANKS Sold Prices

Land registry data shows five sales for 55 THE BANKS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the West Northamptonshire local authority area for the corresponding sale date. Most of the five 55 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 2 SEP	£245,000	£250,308	2% below HPI
2014 7 FEB	£165,000	£167,016	1% below HPI
2007 12 OCT	£179,995	£176,580	2% above HPI
2001 20 DEC	£83,000	£94,039	12% below HPI
1997 24 JAN	£47,000	£53,136	12% below HPI

55 THE BANKS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The five 55 THE BANKS sales between January 1997 and September 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 February 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 55 THE BANKS be worth now?

55 THE BANKS might now be worth an estimated £277,187.

This is based on house price inflation of 13.1%, between September 2021 and December 2024, for semi-detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 55 THE BANKS of £245,000 on 2nd September 2021. For the value to have increased from £245,000 to £277,187 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 55 THE BANKS has moved in line with the HPI for semi-detached houses in the West Northamptonshire local authority area.
• The September 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 55 THE BANKS has not materially changed since September 2021.

How Large is 55 THE BANKS?

55 THE BANKS is 66m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of semi-detached houses houses in Hackleton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hackleton, and where 55 THE BANKS lies on this distribution: 7% of semi-detached houses houses are smaller than 55 THE BANKS, and 93% of houses are larger. Note that EPC data is not available for all properties in Hackleton.

55 THE BANKS: Plot and Title Map

55 THE BANKS sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 55 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 55 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 55 THE BANKS?

55 THE BANKS is located in HACKLETON, in the NN7 postcode district. The below map shows the position of No. 55 on THE BANKS.