6, MEDWAY DRIVE, BINGHAM, NOTTINGHAM, NG13 8YD - £207,000

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.

6 MEDWAY DRIVE is a very small semi-detached house of 37m², which could now be worth an estimated £312,039. It was last sold for £207,000 in October 2015, which was about the average October 2015 semi-detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2009, where the current energy rating was B, and the potential energy rating was B.

6 MEDWAY DRIVE Sold Prices

Land registry data shows two sales for 6 MEDWAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rushcliffe local authority area for the corresponding sale date. One of the two 6 MEDWAY DRIVE sales was roughly equal to 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
2015 23 OCT	£207,000	£206,430	Close to HPI
2009 1 MAY	£174,000	£152,115	14% above HPI

6 MEDWAY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 6 MEDWAY DRIVE sales from May 2009 and October 2015 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 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 6 MEDWAY DRIVE be worth now?

6 MEDWAY DRIVE might now be worth an estimated £312,039.

This is based on house price inflation of 50.7%, between October 2015 and February 2025, for semi-detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.7% inflationary increase is applied to the most recent sale price for 6 MEDWAY DRIVE of £207,000 on 23rd October 2015. For the value to have increased from £207,000 to £312,039 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 MEDWAY DRIVE has moved in line with the HPI for semi-detached houses in the Rushcliffe local authority area.
• The October 2015 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MEDWAY DRIVE has not materially changed since October 2015.

How Large is 6 MEDWAY DRIVE?

6 MEDWAY DRIVE is 37m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of semi-detached houses houses in Bingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bingham, and where 6 MEDWAY DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 6 MEDWAY DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bingham.

6 MEDWAY DRIVE: Plot and Title Map

6 MEDWAY DRIVE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 6 MEDWAY 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 6 MEDWAY 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 6 MEDWAY DRIVE?

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