33, MEDWAY DRIVE, BINGHAM, NOTTINGHAM, NG13 8YD - £230,000

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

33 MEDWAY DRIVE is a very small detached house of 86m², built sometime from 2007 onwards. It was last sold for £230,000 in July 2020, which was around 42% below the average July 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

33 MEDWAY DRIVE Sold Prices

Land registry data shows three sales for 33 MEDWAY DRIVE 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. All of the three 33 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
2020 31 JUL	£230,000	£399,712	42% below HPI
2015 15 JUN	£211,000	£311,992	32% below HPI
2007 7 DEC	£221,950	£282,703	21% below HPI

33 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 three 33 MEDWAY DRIVE sales between December 2007 and July 2020 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 June 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 33 MEDWAY DRIVE?

33 MEDWAY DRIVE is 86m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 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 33 MEDWAY DRIVE lies on this distribution: 19% of detached houses are smaller than 33 MEDWAY DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bingham.

33 MEDWAY DRIVE: Plot and Title Map

33 MEDWAY DRIVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 33 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 33 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 33 MEDWAY DRIVE?

33 MEDWAY DRIVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 33 on MEDWAY DRIVE.