2, BURNBANK CLOSE, WEST BRIDGFORD, NOTTINGHAM, NG2 6SQ - £340,000

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.

2 BURNBANK CLOSE is a large detached house of 156m², built sometime between 1991 and 1995, which could now be worth an estimated £622,089. It was last sold for £340,000 in November 2011, which was around 24% above the average November 2011 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

2 BURNBANK CLOSE Sold Prices

Land registry data shows three sales for 2 BURNBANK 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 2 BURNBANK CLOSE sales were 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
2011 18 NOV	£340,000	£273,404	24% above HPI
2006 7 JUN	£329,000	£266,075	24% above HPI
1998 26 MAR	£154,950	£104,840	48% above HPI

2 BURNBANK 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 2 BURNBANK CLOSE sales between March 1998 and November 2011 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 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2011 sale, which was also at 24% above the HPI.

What might 2 BURNBANK CLOSE be worth now?

2 BURNBANK CLOSE might now be worth an estimated £622,089.

This is based on house price inflation of 83%, between November 2011 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 83% inflationary increase is applied to the most recent sale price for 2 BURNBANK CLOSE of £340,000 on 18th November 2011. For the value to have increased from £340,000 to £622,089 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 BURNBANK CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The November 2011 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BURNBANK CLOSE has not materially changed since November 2011.

How Large is 2 BURNBANK CLOSE?

2 BURNBANK CLOSE is 156m² according to the EPC inspection conducted in August 2010. This puts it in the largest 30% of detached houses houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bridgford, and where 2 BURNBANK CLOSE lies on this distribution: 78% of detached houses houses are smaller than 2 BURNBANK CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

2 BURNBANK CLOSE: Plot and Title Map

2 BURNBANK CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 2 BURNBANK 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 2 BURNBANK 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 2 BURNBANK CLOSE?

2 BURNBANK CLOSE is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 2 on BURNBANK CLOSE.