1, SPEEDWELL CLOSE, BINGHAM, NOTTINGHAM, NG13 8UT - £468,000

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 SPEEDWELL CLOSE is a midsized detached house of 121m², built sometime between 1991 and 1995, which could now be worth an estimated £508,036. It was last sold for £468,000 in July 2022, which was around 2% above the average July 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

1 SPEEDWELL CLOSE Sold Prices

Land registry data shows three sales for 1 SPEEDWELL 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 SPEEDWELL CLOSE 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
2022 20 JUL	£468,000	£460,818	2% above HPI
2018 2 JUL	£415,000	£369,907	12% above HPI
1998 24 JUL	£129,950	£108,846	19% above HPI

1 SPEEDWELL 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 SPEEDWELL CLOSE sales between July 1998 and July 2022 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 2018 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 SPEEDWELL CLOSE be worth now?

1 SPEEDWELL CLOSE might now be worth an estimated £508,036.

This is based on house price inflation of 8.6%, between July 2022 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 8.6% inflationary increase is applied to the most recent sale price for 1 SPEEDWELL CLOSE of £468,000 on 20th July 2022. For the value to have increased from £468,000 to £508,036 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 1 SPEEDWELL CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The July 2022 sale price of £468,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPEEDWELL CLOSE has not materially changed since July 2022.

How Large is 1 SPEEDWELL CLOSE?

1 SPEEDWELL CLOSE is 121m² according to the EPC inspection conducted in December 2017. This puts it in the largest 50% 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 SPEEDWELL CLOSE lies on this distribution: 54% of detached houses houses are smaller than 1 SPEEDWELL CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Bingham.

1 SPEEDWELL CLOSE: Plot and Title Map

1 SPEEDWELL CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 1 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

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