3, BURNBANK CLOSE, WEST BRIDGFORD, NOTTINGHAM, NG2 6SQ - £640,000

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 BURNBANK CLOSE is a very large extended detached house of 171m², built sometime between 1996 and 2002. It was last sold for £640,000 in October 2022, which was around 36% above the average October 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

3 BURNBANK CLOSE Sold Prices

Land registry data shows two sales for 3 BURNBANK CLOSE 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 3 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
2022 28 OCT	£640,000	£469,918	36% above HPI
1997 18 JUL	£152,500	£97,567	56% above HPI

3 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 two 3 BURNBANK CLOSE sales from July 1997 and October 2022 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 July 1997 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the October 2022 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 3 BURNBANK CLOSE?

3 BURNBANK CLOSE is 171m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 3 BURNBANK CLOSE lies on this distribution: 85% of detached houses are smaller than 3 BURNBANK CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

3 BURNBANK CLOSE: Plot and Title Map

3 BURNBANK CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 3 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 3 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 3 BURNBANK CLOSE?

3 BURNBANK CLOSE is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 3 on BURNBANK CLOSE.