BANKSIDE, BROXTOWE LANE, NOTTINGHAM, NG8 5NP - £102,000

BANKSIDE is a midsized detached house of 98m², built sometime between 1930 and 1949. It was last sold for £102,000 in August 2015, which was around 33% below the average August 2015 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

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 City of Nottingham 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
2015 19 AUG	£102,000	£151,904	33% below HPI
2006 10 NOV	£106,000	£145,085	27% below HPI
2004 27 AUG	£103,750	£139,782	26% below HPI
2002 19 JAN	£35,000	£84,256	58% below HPI

BANKSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four BANKSIDE sales between January 2002 and August 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 November 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is BANKSIDE?

BANKSIDE is 98m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where BANKSIDE lies on this distribution: 44% of detached houses are smaller than BANKSIDE, and 56% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.067 of an acre, or 270m². 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 BROXTOWE LANE in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of BANKSIDE on BROXTOWE LANE.