12, NURSERY ROAD, BINGHAM, NOTTINGHAM, NG13 8EH - £400,000

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

12 NURSERY ROAD is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £400,000 in February 2023, which was around 15% below the average February 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

12 NURSERY ROAD Sold Prices

Land registry data shows four sales for 12 NURSERY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 12 NURSERY ROAD 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
2023 22 FEB	£400,000	£470,502	15% below HPI
2017 24 AUG	£339,950	£359,112	5% below HPI
1998 31 JUL	£79,000	£108,840	27% below HPI
1996 3 APR	£66,000	£90,033	27% below HPI

12 NURSERY ROAD 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 four 12 NURSERY ROAD sales between April 1996 and February 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 August 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 NURSERY ROAD?

12 NURSERY ROAD is 139m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 12 NURSERY ROAD lies on this distribution: 74% of detached houses are smaller than 12 NURSERY ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Bingham.

12 NURSERY ROAD: Plot and Title Map

12 NURSERY ROAD sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 12 NURSERY ROAD, 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 NURSERY ROAD). 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 NURSERY ROAD?

12 NURSERY ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 12 on NURSERY ROAD.