11, THE TEASELS, BINGHAM, NOTTINGHAM, NG13 8TY - £345,000

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

11 THE TEASELS is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £345,000 in February 2021, which was around 16% below the average February 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

11 THE TEASELS Sold Prices

Land registry data shows two sales for 11 THE TEASELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. One of the two 11 THE TEASELS sales was for below the average price, whilst the other was 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
2021 3 FEB	£345,000	£411,815	16% below HPI
1996 29 NOV	£97,000	£93,479	4% above HPI

11 THE TEASELS 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 two 11 THE TEASELS sales from November 1996 and February 2021 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 November 1996 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 11 THE TEASELS?

11 THE TEASELS is 117m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 11 THE TEASELS lies on this distribution: 51% of detached houses are smaller than 11 THE TEASELS, and 48% of houses are larger. Note that EPC data is not available for all properties in Bingham.

11 THE TEASELS: Plot and Title Map

11 THE TEASELS sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 11 THE TEASELS, 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 11 THE TEASELS). 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 11 THE TEASELS?

11 THE TEASELS is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 11 on THE TEASELS.