12, NICHOLSON CLOSE, BINGLEY, BD16 4UN - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 NICHOLSON CLOSE is a large extended detached house of 166m², built sometime between 1996 and 2002. It was last sold for £425,000 in July 2023, which was around 44% above the average July 2023 detached price in the Bradford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

12 NICHOLSON CLOSE Sold Prices

Land registry data shows three sales for 12 NICHOLSON 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 Bradford local authority area for the corresponding sale date. All of the three 12 NICHOLSON 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
2023 31 JUL	£425,000	£295,305	44% above HPI
2023 27 JAN	£409,500	£300,789	36% above HPI
1998 24 MAR	£143,995	£79,686	81% above HPI

12 NICHOLSON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bradford local authority area over time, sourced from the HPI. The three 12 NICHOLSON CLOSE sales between March 1998 and July 2023 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 January 2023 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2023 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 12 NICHOLSON CLOSE be worth now?

12 NICHOLSON CLOSE might now be worth an estimated £455,679.

This is based on house price inflation of 7.2%, between July 2023 and December 2024, for detached houses, in the Bradford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.2% inflationary increase is applied to the most recent sale price for 12 NICHOLSON CLOSE of £425,000 on 31st July 2023. For the value to have increased from £425,000 to £455,679 over the seven months to December 2024, the following assumptions must hold true:

• The value of 12 NICHOLSON CLOSE has moved in line with the HPI for detached houses in the Bradford local authority area.
• The July 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NICHOLSON CLOSE has not materially changed since July 2023.

How Large is 12 NICHOLSON CLOSE?

12 NICHOLSON CLOSE is 166m², which includes three extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 30% of detached houses houses in Bingley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingley, and where 12 NICHOLSON CLOSE lies on this distribution: 74% of detached houses houses are smaller than 12 NICHOLSON CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bingley.

12 NICHOLSON CLOSE: Plot and Title Map

12 NICHOLSON CLOSE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 12 NICHOLSON 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 12 NICHOLSON 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 12 NICHOLSON CLOSE?

12 NICHOLSON CLOSE is located in BINGLEY, in the BD16 postcode district. The below map shows the position of No. 12 on NICHOLSON CLOSE.