15, WELLAND GARDENS, BINGHAM, NOTTINGHAM, NG13 8YH - £268,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 WELLAND GARDENS is a midsized detached house of 114m², which could now be worth an estimated £359,631. It was last sold for £268,000 in February 2019, which was around 28% below the average February 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was B.

15 WELLAND GARDENS Sold Prices

Land registry data shows two sales for 15 WELLAND GARDENS 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. Both of the two 15 WELLAND GARDENS 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
2019 22 FEB	£268,000	£372,783	28% below HPI
2010 9 DEC	£220,000	£274,646	20% below HPI

15 WELLAND GARDENS 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 15 WELLAND GARDENS sales from December 2010 and February 2019 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 December 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 15 WELLAND GARDENS be worth now?

15 WELLAND GARDENS might now be worth an estimated £359,631.

This is based on house price inflation of 34.2%, between February 2019 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.2% inflationary increase is applied to the most recent sale price for 15 WELLAND GARDENS of £268,000 on 22nd February 2019. For the value to have increased from £268,000 to £359,631 over the six years to February 2025, the following assumptions must hold true:

• The value of 15 WELLAND GARDENS has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The February 2019 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WELLAND GARDENS has not materially changed since February 2019.

How Large is 15 WELLAND GARDENS?

15 WELLAND GARDENS is 114m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of detached houses houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingham, and where 15 WELLAND GARDENS lies on this distribution: 47% of detached houses houses are smaller than 15 WELLAND GARDENS, and 53% of houses are larger. Note that EPC data is not available for all properties in Bingham.

15 WELLAND GARDENS: Plot and Title Map

15 WELLAND GARDENS sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 15 WELLAND GARDENS, 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 15 WELLAND GARDENS). 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 15 WELLAND GARDENS?

15 WELLAND GARDENS is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 15 on WELLAND GARDENS.