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
16 LONG ACRE is a very large extended detached house of 145m², built sometime between 1900 and 1929. It was last sold for £245,000 in April 2012, which was around 10% below the average April 2012 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 16 LONG ACRE since 1st 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. Two of the three 16 LONG ACRE sales were for below the average price, whilst one 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 |
---|---|---|---|
2012 19 APR | £245,000 | £273,198 | 10% below HPI |
2002 20 SEP | £164,000 | £193,085 | 15% below HPI |
2000 10 FEB | £142,000 | £128,144 | 11% above HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 16 LONG ACRE sales between February 2000 and April 2012 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 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2012 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
16 LONG ACRE is 145m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 16 LONG ACRE lies on this distribution: 81% of detached houses are smaller than 16 LONG ACRE, and 18% of houses are larger. Note that EPC data is not available for all properties in Bingham.
16 LONG ACRE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 16 LONG ACRE, 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 16 LONG ACRE). 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.
16 LONG ACRE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 16 on LONG ACRE.