9, MEDWAY DRIVE, BINGHAM, NOTTINGHAM, NG13 8YD - £227,000

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

9 MEDWAY DRIVE is a very small detached house of 86m². It was last sold for £227,000 in February 2019, which was around 39% below the average February 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

9 MEDWAY DRIVE Sold Prices

Land registry data shows four sales for 9 MEDWAY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 9 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
2019 8 FEB	£227,000	£372,765	39% below HPI
2018 14 DEC	£240,000	£377,179	36% below HPI
2014 11 SEP	£194,000	£300,039	35% below HPI
2011 23 SEP	£173,000	£279,503	38% below HPI

9 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 four 9 MEDWAY DRIVE sales between September 2011 and February 2019 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 December 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 9 MEDWAY DRIVE?

9 MEDWAY DRIVE is 86m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 9 MEDWAY DRIVE lies on this distribution: 19% of detached houses are smaller than 9 MEDWAY DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bingham.

9 MEDWAY DRIVE: Plot and Title Map

9 MEDWAY DRIVE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 9 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 9 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 9 MEDWAY DRIVE?

9 MEDWAY DRIVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 9 on MEDWAY DRIVE.