3, MAPLE CLOSE, BINGHAM, NOTTINGHAM, NG13 8GY - £234,000

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 MAPLE CLOSE is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £234,000 in January 2023, which was around 50% below the average January 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

3 MAPLE CLOSE Sold Prices

Land registry data shows two sales for 3 MAPLE 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 MAPLE 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
2023 10 JAN	£234,000	£469,705	50% below HPI
2004 6 AUG	£159,500	£259,663	39% below HPI

3 MAPLE 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 MAPLE CLOSE sales from August 2004 and January 2023 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 August 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2023 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 3 MAPLE CLOSE?

3 MAPLE CLOSE is 85m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 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 3 MAPLE CLOSE lies on this distribution: 18% of detached houses are smaller than 3 MAPLE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bingham.

3 MAPLE CLOSE: Plot and Title Map

3 MAPLE CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 3 MAPLE 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 MAPLE 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 MAPLE CLOSE?

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