3, ASPEN CLOSE, BINGHAM, NOTTINGHAM, NG13 8UD - £179,000

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

3 ASPEN CLOSE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £179,000 in January 2013, which was around 36% below the average January 2013 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

3 ASPEN CLOSE Sold Prices

Land registry data shows three sales for 3 ASPEN 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 3 ASPEN 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
2013 14 JAN	£179,000	£278,525	36% below HPI
2010 26 MAR	£185,000	£266,814	31% below HPI
2007 20 AUG	£200,000	£284,582	30% below HPI

3 ASPEN 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 3 ASPEN CLOSE sales between August 2007 and January 2013 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 March 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 ASPEN CLOSE?

3 ASPEN CLOSE is 92m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 3 ASPEN CLOSE lies on this distribution: 25% of detached houses are smaller than 3 ASPEN CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Bingham.

3 ASPEN CLOSE: Plot and Title Map

3 ASPEN CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 3 ASPEN 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 3 ASPEN 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 3 ASPEN CLOSE?

3 ASPEN CLOSE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 3 on ASPEN CLOSE.