3, RUTLAND ROAD, BINGHAM, NOTTINGHAM, NG13 8DT - £305,000

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 RUTLAND ROAD is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £305,000 in May 2024, which was around 35% below the average May 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

3 RUTLAND ROAD Sold Prices

Land registry data shows two sales for 3 RUTLAND ROAD 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 RUTLAND ROAD 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
2024 31 MAY	£305,000	£471,868	35% below HPI
2020 2 APR	£300,000	£377,933	21% below HPI

3 RUTLAND ROAD 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 RUTLAND ROAD sales from April 2020 and May 2024 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 April 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 RUTLAND ROAD?

3 RUTLAND ROAD is 72m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 3 RUTLAND ROAD lies on this distribution: 9% of detached houses are smaller than 3 RUTLAND ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Bingham.

3 RUTLAND ROAD: Plot and Title Map

3 RUTLAND ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 3 RUTLAND ROAD, 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 RUTLAND ROAD). 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 RUTLAND ROAD?

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