1, THE BANKS, COSBY, LEICESTER, LE9 1TX - £197,000

1 THE BANKS is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £197,000 in August 2015, which was around 23% below the average August 2015 detached price in the Blaby local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was C.

1 THE BANKS Sold Prices

Land registry data shows two sales for 1 THE BANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 1 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
2015 4 AUG	£197,000	£255,868	23% below HPI
2010 26 MAR	£166,000	£221,054	25% below HPI

1 THE BANKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 1 THE BANKS sales from March 2010 and August 2015 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 March 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 THE BANKS?

1 THE BANKS is 81m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Cosby, based on EPC data. The below chart shows the distribution of detached houses by size in Cosby, and where 1 THE BANKS lies on this distribution: 9% of detached houses are smaller than 1 THE BANKS, and 90% of houses are larger. Note that EPC data is not available for all properties in Cosby.

1 THE BANKS: Plot and Title Map

1 THE BANKS sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 1 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 1 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 1 THE BANKS?

1 THE BANKS is located in COSBY, in the LE9 postcode district. The below map shows the position of No. 1 on THE BANKS.