31, NENE WAY, BINGHAM, NOTTINGHAM, NG13 8YF - £345,000

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

31 NENE WAY is a midsized detached house of 114m². It was last sold for £345,000 in September 2023, which was around 26% below the average September 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.

31 NENE WAY Sold Prices

Land registry data shows four sales for 31 NENE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 31 NENE WAY 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 15 SEP	£345,000	£467,235	26% below HPI
2018 19 OCT	£272,500	£376,608	28% below HPI
2015 28 AUG	£251,500	£319,525	21% below HPI
2013 12 DEC	£235,000	£286,247	18% below HPI

31 NENE WAY 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 four 31 NENE WAY sales between December 2013 and September 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 October 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 31 NENE WAY?

31 NENE WAY is 114m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 31 NENE WAY lies on this distribution: 48% of detached houses are smaller than 31 NENE WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Bingham.

31 NENE WAY: Plot and Title Map

31 NENE WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 31 NENE WAY, 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 31 NENE WAY). 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 31 NENE WAY?

31 NENE WAY is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 31 on NENE WAY.