46, THE BANKS, BINGHAM, NOTTINGHAM, NG13 8BT - £853,000

46 THE BANKS is a very large extended detached house of 356m², built sometime between 1967 and 1975. It was last sold for £853,000 in October 2020, which was around 113% above the average October 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

46 THE BANKS Sold Prices

Land registry data shows three sales for 46 THE BANKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 46 THE BANKS sales were 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
2020 8 OCT	£853,000	£400,910	113% above HPI
2015 16 JUL	£584,150	£316,842	84% above HPI
2004 8 SEP	£473,000	£262,878	80% above HPI

46 THE BANKS 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 three 46 THE BANKS sales between September 2004 and October 2020 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 2015 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the October 2020 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

How Large is 46 THE BANKS?

46 THE BANKS is 356m², which includes four extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 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 46 THE BANKS lies on this distribution: More than 99% of detached houses are smaller than 46 THE BANKS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bingham.

46 THE BANKS: Plot and Title Map

46 THE BANKS sits on a plot of roughly 0.242 of an acre, or 977m². The below map shows the location of 46 THE BANKS, 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 46 THE BANKS). 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 46 THE BANKS?

46 THE BANKS is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 46 on THE BANKS.