8, MEDWAY DRIVE, BINGHAM, NOTTINGHAM, NG13 8YD - £149,995

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

8 MEDWAY DRIVE is a very small detached house of 57m², built sometime from 2007 onwards. It was last sold for £149,995 in February 2016, which was around 55% below the average February 2016 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

8 MEDWAY DRIVE Sold Prices

Land registry data shows two sales for 8 MEDWAY 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 8 MEDWAY DRIVE 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
2016 5 FEB	£149,995	£332,933	55% below HPI
2009 27 MAR	£110,000	£245,696	55% below HPI

8 MEDWAY DRIVE 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 8 MEDWAY DRIVE sales from March 2009 and February 2016 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 2009 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the February 2016 sale, which was also at 55% below the HPI.

How Large is 8 MEDWAY DRIVE?

8 MEDWAY DRIVE is 57m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 8 MEDWAY DRIVE lies on this distribution: 3% of detached houses are smaller than 8 MEDWAY DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bingham.

8 MEDWAY DRIVE: Plot and Title Map

8 MEDWAY DRIVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 8 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 8 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 8 MEDWAY DRIVE?

8 MEDWAY DRIVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 8 on MEDWAY DRIVE.