THE BANKS, KETTERING ROAD, LITTLE CRANSLEY, KETTERING, NN14 1PJ - £215,000

THE BANKS is a midsized extended detached house of 118m², built sometime before 1900. It was last sold for £215,000 in November 2016, which was around 26% below the average November 2016 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

THE BANKS Sold Prices

Land registry data shows four sales for THE BANKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Most of the four 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
2016 18 NOV	£215,000	£289,349	26% below HPI
2016 26 FEB	£210,000	£269,259	22% below HPI
2002 31 MAY	£155,500	£135,392	15% above HPI
1997 7 FEB	£53,700	£71,213	25% below HPI

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 four THE BANKS sales between February 1997 and November 2016 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 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is THE BANKS?

THE BANKS is 118m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% of detached houses in Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Broughton, and where THE BANKS lies on this distribution: 46% of detached houses are smaller than THE BANKS, and 54% of houses are larger. Note that EPC data is not available for all properties in Broughton.

THE BANKS: Plot and Title Map

THE BANKS sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 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 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 THE BANKS?

THE BANKS is located on KETTERING ROAD in LITTLE CRANSLEY, in the NN14 postcode district. The below map shows the position of THE BANKS on KETTERING ROAD.