16, BANKS DRIVE, SANDY, SG19 1AE - £230,000

16 BANKS DRIVE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £230,000 in September 2012, which was around 28% below the average September 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

16 BANKS DRIVE Sold Prices

Land registry data shows two sales for 16 BANKS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 16 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
2012 28 SEP	£230,000	£321,548	28% below HPI
2002 7 AUG	£191,995	£237,159	19% below HPI

16 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 two 16 BANKS DRIVE sales from August 2002 and September 2012 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 August 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2012 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 16 BANKS DRIVE?

16 BANKS DRIVE is 117m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Sandy, based on EPC data. The below chart shows the distribution of detached houses by size in Sandy, and where 16 BANKS DRIVE lies on this distribution: 48% of detached houses are smaller than 16 BANKS DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Sandy.

16 BANKS DRIVE: Plot and Title Map

16 BANKS DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 16 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 16 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 16 BANKS DRIVE?

16 BANKS DRIVE is located in SANDY, in the SG19 postcode district. The below map shows the position of No. 16 on BANKS DRIVE.