16, ROWAN CLOSE, BINGHAM, NOTTINGHAM, NG13 8GL - £228,000

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

16 ROWAN CLOSE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £228,000 in April 2021, which was around 45% below the average April 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

16 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 16 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 16 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
2021 14 APR	£228,000	£411,742	45% below HPI
2007 29 JUN	£154,950	£282,705	45% below HPI
2001 21 DEC	£75,000	£165,862	55% below HPI

16 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 16 ROWAN CLOSE sales between December 2001 and April 2021 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 June 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2021 sale, which was also at 45% below the HPI.

How Large is 16 ROWAN CLOSE?

16 ROWAN CLOSE is 62m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% 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 ROWAN CLOSE lies on this distribution: 5% of detached houses are smaller than 16 ROWAN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bingham.

16 ROWAN CLOSE: Plot and Title Map

16 ROWAN CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 16 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 16 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 16 ROWAN CLOSE?

16 ROWAN CLOSE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 16 on ROWAN CLOSE.