7, BANKS CRESCENT, BINGHAM, NOTTINGHAM, NG13 8BP - £195,000

7 BANKS CRESCENT is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £195,000 in July 2010, which was around 29% below the average July 2010 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

7 BANKS CRESCENT Sold Prices

Land registry data shows three sales for 7 BANKS CRESCENT 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 7 BANKS CRESCENT 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
2010 9 JUL	£195,000	£273,469	29% below HPI
2002 22 JUL	£147,000	£183,192	20% below HPI
1999 23 APR	£84,950	£113,159	25% below HPI

7 BANKS CRESCENT 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 7 BANKS CRESCENT sales between April 1999 and July 2010 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2010 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 BANKS CRESCENT?

7 BANKS CRESCENT is 74m² according to the EPC inspection conducted in August 2023. 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 7 BANKS CRESCENT lies on this distribution: 12% of detached houses are smaller than 7 BANKS CRESCENT, and 88% of houses are larger. Note that EPC data is not available for all properties in Bingham.

7 BANKS CRESCENT: Plot and Title Map

7 BANKS CRESCENT sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 7 BANKS CRESCENT, 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 7 BANKS CRESCENT). 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 7 BANKS CRESCENT?

7 BANKS CRESCENT is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 7 on BANKS CRESCENT.