40, BANKFIELD DRIVE, BRAMCOTE, NOTTINGHAM, NG9 3EG - £320,000

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

40 BANKFIELD DRIVE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £320,000 in October 2020, which was around 14% above the average October 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

40 BANKFIELD DRIVE Sold Prices

Land registry data shows two sales for 40 BANKFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. One of the two 40 BANKFIELD DRIVE sales was for above the average price, whilst the other was 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 25 OCT	£320,000	£279,837	14% above HPI
2020 24 JAN	£240,000	£261,571	8% below HPI

40 BANKFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 40 BANKFIELD DRIVE sales from January 2020 and October 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 January 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 40 BANKFIELD DRIVE?

40 BANKFIELD DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in September 2019. 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 40 BANKFIELD DRIVE lies on this distribution: 24% of detached houses are smaller than 40 BANKFIELD DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Beeston.

40 BANKFIELD DRIVE: Plot and Title Map

40 BANKFIELD DRIVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 40 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 40 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.

Where is 40 BANKFIELD DRIVE?

40 BANKFIELD DRIVE is located in BRAMCOTE, in the NG9 postcode district. The below map shows the position of No. 40 on BANKFIELD DRIVE.