18, MEDWAY DRIVE, BINGHAM, NOTTINGHAM, NG13 8YD - £249,999

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

18 MEDWAY DRIVE is a very large detached house of 156m². It was last sold for £249,999 in January 2012, which was around 6% below the average January 2012 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was B.

18 MEDWAY DRIVE Sold Prices

Land registry data shows two sales for 18 MEDWAY 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 18 MEDWAY 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 18 JAN	£249,999	£266,158	6% below HPI
2009 27 NOV	£243,000	£261,740	7% below HPI

18 MEDWAY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 18 MEDWAY DRIVE sales from November 2009 and January 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 November 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2012 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 18 MEDWAY DRIVE?

18 MEDWAY DRIVE is 156m² according to the EPC inspection conducted in November 2009. This puts it in the largest 20% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 18 MEDWAY DRIVE lies on this distribution: 85% of detached houses are smaller than 18 MEDWAY DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Bingham.

18 MEDWAY DRIVE: Plot and Title Map

18 MEDWAY DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 18 MEDWAY 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 18 MEDWAY 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 18 MEDWAY DRIVE?

18 MEDWAY DRIVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 18 on MEDWAY DRIVE.