1, HAZEL CLOSE, BINGHAM, NOTTINGHAM, NG13 8UF - £162,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 HAZEL CLOSE is a very small detached house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £297,322. It was last sold for £162,500 in November 2011, which was around 41% below the average November 2011 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

1 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 1 HAZEL CLOSE 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 1 HAZEL CLOSE 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
2011 8 NOV	£162,500	£273,404	41% below HPI
2010 19 MAR	£130,000	£266,826	51% below HPI
2003 15 AUG	£120,000	£235,257	49% below HPI

1 HAZEL CLOSE 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 1 HAZEL CLOSE sales between August 2003 and November 2011 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 March 2010 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2011 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1 HAZEL CLOSE be worth now?

1 HAZEL CLOSE might now be worth an estimated £297,322.

This is based on house price inflation of 83%, between November 2011 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 83% inflationary increase is applied to the most recent sale price for 1 HAZEL CLOSE of £162,500 on 8th November 2011. For the value to have increased from £162,500 to £297,322 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 HAZEL CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The November 2011 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 1 HAZEL CLOSE has not materially changed since November 2011.

How Large is 1 HAZEL CLOSE?

1 HAZEL CLOSE is 53m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingham, and where 1 HAZEL CLOSE lies on this distribution: 1% of detached houses houses are smaller than 1 HAZEL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bingham.

1 HAZEL CLOSE: Plot and Title Map

1 HAZEL CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 1 HAZEL CLOSE, 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 1 HAZEL CLOSE). 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 1 HAZEL CLOSE?

1 HAZEL CLOSE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 1 on HAZEL CLOSE.