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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SPEEDWELL CLOSE is a midsized detached house of 121m², built sometime between 1991 and 1995. 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	£460,796	2% above HPI
2018 2 JUL	£415,000	£369,890	12% above HPI
1998 24 JUL	£129,950	£108,840	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.

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 in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 1 SPEEDWELL CLOSE lies on this distribution: 54% of detached 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.