6, BANES ROAD, BINGHAM, NOTTINGHAM, NG13 8EN - £310,000

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

6 BANES ROAD is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £310,000 in September 2021, which was around 24% below the average September 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

6 BANES ROAD Sold Prices

Land registry data shows two sales for 6 BANES ROAD 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. Both of the two 6 BANES ROAD sales were 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 28 SEP	£310,000	£410,499	24% below HPI
2012 11 MAY	£177,000	£273,461	35% below HPI

6 BANES ROAD 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 6 BANES ROAD sales from May 2012 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 May 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 6 BANES ROAD?

6 BANES ROAD is 103m², which includes one extension, according to the EPC inspection conducted in June 2024. 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 6 BANES ROAD lies on this distribution: 38% of detached houses are smaller than 6 BANES ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Bingham.

6 BANES ROAD: Plot and Title Map

6 BANES ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 6 BANES 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 6 BANES 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 6 BANES ROAD?

6 BANES ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 6 on BANES ROAD.