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
34 BANKFIELD DRIVE is a small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £180,000 in February 2010, which was around 5% below the average February 2010 detached price in the Broxtowe local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 34 BANKFIELD DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. two of the four 34 BANKFIELD DRIVE sales were for below the average price, and four 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 |
---|---|---|---|
2010 26 FEB | £180,000 | £188,732 | 5% below HPI |
2004 28 JUN | £200,000 | £183,200 | 9% above HPI |
2003 11 AUG | £157,500 | £176,444 | 11% below HPI |
2000 12 SEP | £100,450 | £94,390 | 6% above HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 34 BANKFIELD DRIVE sales between September 2000 and February 2010 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 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2010 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
34 BANKFIELD DRIVE is 85m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 34 BANKFIELD DRIVE lies on this distribution: 20% of detached houses are smaller than 34 BANKFIELD DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Beeston.
34 BANKFIELD DRIVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 34 BANKFIELD 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 34 BANKFIELD 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.
34 BANKFIELD DRIVE is located in BRAMCOTE, in the NG9 postcode district. The below map shows the position of No. 34 on BANKFIELD DRIVE.