42, BANK HILL, WOODBOROUGH, NOTTINGHAM, NG14 6EF - £2,175,000

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

42 BANK HILL is a very large extended detached house of 495m², built sometime between 1950 and 1966. It was last sold for £2,175,000 in October 2022, which was around 504% above the average October 2022 detached price in the Gedling local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

42 BANK HILL Sold Prices

Land registry data shows two sales for 42 BANK HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 42 BANK HILL sales 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
2022 31 OCT	£2,175,000	£359,865	504% above HPI
2002 31 OCT	£500,000	£147,790	238% above HPI

42 BANK HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 42 BANK HILL sales from October 2002 and October 2022 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 October 2002 sale was for 238% above the HPI. So the extrapolation line tracks at 238% above the HPI over time, until the October 2022 sale, where it rises to 504% above the HPI. The line then continues to track at 504% above the HPI.

How Large is 42 BANK HILL?

42 BANK HILL is 495m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Woodborough, based on EPC data. The below chart shows the distribution of detached houses by size in Woodborough, and where 42 BANK HILL lies on this distribution: 99% of detached houses are smaller than 42 BANK HILL, and 1% of houses are larger. Note that EPC data is not available for all properties in Woodborough.

42 BANK HILL: Plot and Title Map

42 BANK HILL sits on a plot of roughly 0.587 of an acre, or 2,374m². The below map shows the location of 42 BANK HILL, 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 42 BANK HILL). 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 42 BANK HILL?

42 BANK HILL is located in WOODBOROUGH, in the NG14 postcode district. The below map shows the position of No. 42 on BANK HILL.