12, ROWAN CLOSE, BINGHAM, NOTTINGHAM, NG13 8GL - £280,000

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 ROWAN CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £280,000 in April 2024, which was around 40% below the average April 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

12 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 12 ROWAN 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 12 ROWAN CLOSE 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
2024 17 APR	£280,000	£465,328	40% below HPI
2001 20 SEP	£87,950	£157,463	44% below HPI
1996 29 NOV	£57,000	£93,479	39% below HPI

12 ROWAN 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 12 ROWAN CLOSE sales between November 1996 and April 2024 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 September 2001 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2024 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 12 ROWAN CLOSE?

12 ROWAN CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 12 ROWAN CLOSE lies on this distribution: 43% of detached houses are smaller than 12 ROWAN CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Bingham.

12 ROWAN CLOSE: Plot and Title Map

12 ROWAN CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 12 ROWAN 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 ROWAN 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 ROWAN CLOSE?

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