48, BANKS ROAD, TOTON, NOTTINGHAM, NG9 6HA - £307,500

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.

48 BANKS ROAD is a small extended detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £361,836. It was last sold for £307,500 in September 2021, which was around 2% above the average September 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

48 BANKS ROAD Sold Prices

Land registry data shows three sales for 48 BANKS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Two of the three 48 BANKS ROAD sales were for above the average price, whilst one 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
2021 9 SEP	£307,500	£302,442	2% above HPI
2014 28 MAR	£207,000	£188,243	10% above HPI
1998 27 MAR	£66,000	£75,520	13% below HPI

48 BANKS ROAD 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 three 48 BANKS ROAD sales between March 1998 and September 2021 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 March 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 48 BANKS ROAD be worth now?

48 BANKS ROAD might now be worth an estimated £361,836.

This is based on house price inflation of 17.7%, between September 2021 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.7% inflationary increase is applied to the most recent sale price for 48 BANKS ROAD of £307,500 on 9th September 2021. For the value to have increased from £307,500 to £361,836 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 48 BANKS ROAD has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The September 2021 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 48 BANKS ROAD has not materially changed since September 2021.

How Large is 48 BANKS ROAD?

48 BANKS ROAD is 85m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beeston, and where 48 BANKS ROAD lies on this distribution: 20% of detached houses houses are smaller than 48 BANKS ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Beeston.

48 BANKS ROAD: Plot and Title Map

48 BANKS ROAD sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 48 BANKS ROAD, 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 48 BANKS ROAD). 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 48 BANKS ROAD?

48 BANKS ROAD is located in TOTON, in the NG9 postcode district. The below map shows the position of No. 48 on BANKS ROAD.