16, BANK HILL, WOODBOROUGH, NOTTINGHAM, NG14 6EF - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 BANK HILL is a midsized detached house of 139m², built sometime between 1950 and 1966. It was last sold for £250,000 in July 2006, which was around 24% above the average July 2006 detached price in the Gedling local authority area. The most recent EPC inspection was June 2017, where the current energy rating was F, and the potential energy rating was C.

16 BANK HILL Sold Prices

Land registry data shows three sales for 16 BANK HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 16 BANK HILL sales were 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
2006 14 JUL	£250,000	£201,664	24% above HPI
2003 21 AUG	£305,000	£175,291	74% above HPI
1996 31 MAY	£143,000	£69,881	105% above HPI

16 BANK HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 16 BANK HILL sales between May 1996 and July 2006 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 2003 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the July 2006 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 16 BANK HILL?

16 BANK HILL is 139m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses in Woodborough, based on EPC data. The below chart shows the distribution of detached houses by size in Woodborough, and where 16 BANK HILL lies on this distribution: 48% of detached houses are smaller than 16 BANK HILL, and 51% of houses are larger. Note that EPC data is not available for all properties in Woodborough.

16 BANK HILL: Plot and Title Map

16 BANK HILL sits on a plot of roughly 0.207 of an acre, or 837m². The below map shows the location of 16 BANK HILL, 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 BANK HILL). 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 BANK HILL?

16 BANK HILL is located in WOODBOROUGH, in the NG14 postcode district. The below map shows the position of No. 16 on BANK HILL.