2, BANKSMAN CLOSE, NOTTINGHAM, NG3 3EW - £135,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BANKSMAN CLOSE is a large semi-detached house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £269,547. It was last sold for £135,000 in January 2014, which was around 25% above the average January 2014 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

2 BANKSMAN CLOSE Sold Prices

Land registry data shows two sales for 2 BANKSMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 2 BANKSMAN CLOSE 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
2014 13 JAN	£135,000	£107,606	25% above HPI
2006 31 MAY	£167,950	£115,561	45% above HPI

2 BANKSMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 2 BANKSMAN CLOSE sales from May 2006 and January 2014 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 2006 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the January 2014 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 BANKSMAN CLOSE be worth now?

2 BANKSMAN CLOSE might now be worth an estimated £269,547.

This is based on house price inflation of 99.7%, between January 2014 and December 2024, for semi-detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 99.7% inflationary increase is applied to the most recent sale price for 2 BANKSMAN CLOSE of £135,000 on 13th January 2014. For the value to have increased from £135,000 to £269,547 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 2 BANKSMAN CLOSE has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The January 2014 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BANKSMAN CLOSE has not materially changed since January 2014.

How Large is 2 BANKSMAN CLOSE?

2 BANKSMAN CLOSE is 116m² according to the EPC inspection conducted in August 2012. This puts it in the largest 40% of semi-detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nottingham, and where 2 BANKSMAN CLOSE lies on this distribution: 65% of semi-detached houses houses are smaller than 2 BANKSMAN CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 BANKSMAN CLOSE: Plot and Title Map

2 BANKSMAN CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 2 BANKSMAN CLOSE, 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 BANKSMAN CLOSE). 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 BANKSMAN CLOSE?

2 BANKSMAN CLOSE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 2 on BANKSMAN CLOSE.