BANKSIDE, FISHER LANE, BINGHAM, NOTTINGHAM, NG13 8BQ - £360,000

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

BANKSIDE is a midsized detached house of 110m², built sometime between 1967 and 1975. It was last sold for £360,000 in February 2021, which was around 13% below the average February 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

BANKSIDE Sold Prices

Land registry data shows four sales for BANKSIDE 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 BANKSIDE 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 2 FEB	£360,000	£411,815	13% below HPI
2016 19 JUL	£310,000	£330,186	6% below HPI
2014 24 JAN	£282,500	£283,966	1% below HPI
1999 21 MAY	£86,000	£113,548	24% below HPI

BANKSIDE 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 BANKSIDE sales between May 1999 and February 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 July 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is BANKSIDE?

BANKSIDE is 110m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where BANKSIDE lies on this distribution: 45% of detached houses are smaller than BANKSIDE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bingham.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on FISHER LANE in BINGHAM, in the NG13 postcode district. The below map shows the position of BANKSIDE on FISHER LANE.