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

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

4 BANKS PADDOCK is a small detached house of 98m², built sometime between 1983 and 1990. 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	£360,148	28% below HPI
1995 17 JAN	£108,000	£93,416	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.

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 in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 4 BANKS PADDOCK lies on this distribution: 32% of detached 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.