2, BANKS PADDOCK, BINGHAM, NOTTINGHAM, NG13 8RU - £295,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 BANKS PADDOCK is a small detached house of 96m², built sometime between 1976 and 1982. It was last sold for £295,000 in November 2019, which was around 22% below the average November 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

2 BANKS PADDOCK Sold Prices

Land registry data shows three sales for 2 BANKS PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Two of the three 2 BANKS PADDOCK sales were for below the average price, whilst one 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
2019 8 NOV	£295,000	£378,004	22% below HPI
1998 27 MAY	£100,000	£104,231	4% below HPI
1996 9 AUG	£94,000	£90,465	4% above HPI

2 BANKS PADDOCK 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 three 2 BANKS PADDOCK sales between August 1996 and November 2019 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 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 BANKS PADDOCK?

2 BANKS PADDOCK is 96m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% 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 PADDOCK lies on this distribution: 30% of detached houses are smaller than 2 BANKS PADDOCK, and 69% of houses are larger. Note that EPC data is not available for all properties in Bingham.

2 BANKS PADDOCK: Plot and Title Map

2 BANKS PADDOCK sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 2 BANKS PADDOCK, 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 PADDOCK). 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 PADDOCK?

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