12, BANKSMAN CLOSE, NOTTINGHAM, NG3 3EW - £157,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 BANKSMAN CLOSE is a small semi-detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £158,816. It was last sold for £157,000 in October 2024, which was around 26% below the average October 2024 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

12 BANKSMAN CLOSE Sold Prices

Land registry data shows two sales for 12 BANKSMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Nottingham local authority area for the corresponding sale date. One of the two 12 BANKSMAN CLOSE sales was for below the average price, whilst the other was for above 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
2024 18 OCT	£157,000	£213,034	26% below HPI
2006 22 MAY	£163,950	£115,561	42% above HPI

12 BANKSMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 12 BANKSMAN CLOSE sales from May 2006 and October 2024 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 May 2006 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 12 BANKSMAN CLOSE be worth now?

12 BANKSMAN CLOSE might now be worth an estimated £158,816.

This is based on house price inflation of 1.2%, between October 2024 and February 2025, for semi-detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for 12 BANKSMAN CLOSE of £157,000 on 18th October 2024. For the value to have increased from £157,000 to £158,816 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 12 BANKSMAN CLOSE has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The October 2024 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BANKSMAN CLOSE has not materially changed since October 2024.

How Large is 12 BANKSMAN CLOSE?

12 BANKSMAN CLOSE is 91m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 40% of semi-detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nottingham, and where 12 BANKSMAN CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 12 BANKSMAN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

12 BANKSMAN CLOSE: Plot and Title Map

12 BANKSMAN CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 12 BANKSMAN CLOSE, 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 12 BANKSMAN CLOSE). 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 12 BANKSMAN CLOSE?

12 BANKSMAN CLOSE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 12 on BANKSMAN CLOSE.