2, BANKS CRESCENT, BINGHAM, NOTTINGHAM, NG13 8BP - £277,500

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

2 BANKS CRESCENT is a midsized extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £277,500 in May 2015, which was around 11% below the average May 2015 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

2 BANKS CRESCENT Sold Prices

Land registry data shows two sales for 2 BANKS CRESCENT 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 2 BANKS CRESCENT 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
2015 1 MAY	£277,500	£310,431	11% below HPI
2005 18 NOV	£152,500	£260,601	41% below HPI

2 BANKS CRESCENT 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 2 BANKS CRESCENT sales from November 2005 and May 2015 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 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 BANKS CRESCENT?

2 BANKS CRESCENT is 115m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 50% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 2 BANKS CRESCENT lies on this distribution: 49% of detached houses are smaller than 2 BANKS CRESCENT, and 50% of houses are larger. Note that EPC data is not available for all properties in Bingham.

2 BANKS CRESCENT: Plot and Title Map

2 BANKS CRESCENT sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 BANKS CRESCENT, 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 2 BANKS CRESCENT). 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 2 BANKS CRESCENT?

2 BANKS CRESCENT is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 2 on BANKS CRESCENT.