4, BANKS PADDOCK, BINGHAM, NOTTINGHAM, NG13 8RU - £260,000

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.

4 BANKS PADDOCK is a small detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £361,119. It was last sold for £260,000 in January 2018, which was around 28% below the average January 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

4 BANKS PADDOCK Sold Prices

Land registry data shows two sales for 4 BANKS PADDOCK 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. One of the two 4 BANKS PADDOCK sales was for below the average price, whilst the other 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
2018 5 JAN	£260,000	£360,165	28% below HPI
1995 17 JAN	£108,000	£93,420	16% above HPI

4 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 two 4 BANKS PADDOCK sales from January 1995 and January 2018 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 January 1995 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 BANKS PADDOCK be worth now?

4 BANKS PADDOCK might now be worth an estimated £361,119.

This is based on house price inflation of 38.9%, between January 2018 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 38.9% inflationary increase is applied to the most recent sale price for 4 BANKS PADDOCK of £260,000 on 5th January 2018. For the value to have increased from £260,000 to £361,119 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 BANKS PADDOCK has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The January 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BANKS PADDOCK has not materially changed since January 2018.

How Large is 4 BANKS PADDOCK?

4 BANKS PADDOCK is 98m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% 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 4 BANKS PADDOCK lies on this distribution: 32% of detached houses houses are smaller than 4 BANKS PADDOCK, and 67% of houses are larger. Note that EPC data is not available for all properties in Bingham.

4 BANKS PADDOCK: Plot and Title Map

4 BANKS PADDOCK sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 4 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 4 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 4 BANKS PADDOCK?

4 BANKS PADDOCK is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 4 on BANKS PADDOCK.