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

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.

2 BANKS CRESCENT is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £447,154. 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	£310,445	11% below HPI
2005 18 NOV	£152,500	£260,614	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.

What might 2 BANKS CRESCENT be worth now?

2 BANKS CRESCENT might now be worth an estimated £447,154.

This is based on house price inflation of 61.1%, between May 2015 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.1% inflationary increase is applied to the most recent sale price for 2 BANKS CRESCENT of £277,500 on 1st May 2015. For the value to have increased from £277,500 to £447,154 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 2 BANKS CRESCENT has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The May 2015 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BANKS CRESCENT has not materially changed since May 2015.

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 houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingham, and where 2 BANKS CRESCENT lies on this distribution: 49% of detached houses houses are smaller than 2 BANKS CRESCENT, and 51% 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.