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
39 COGLEY LANE is a large extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £335,000 in March 2023, which was around 27% below the average March 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 39 COGLEY LANE since 1st 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 39 COGLEY LANE 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 16 MAR | £335,000 | £460,847 | 27% below HPI |
2022 16 DEC | £355,250 | £473,451 | 25% below HPI |
2015 11 DEC | £250,000 | £330,334 | 24% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 39 COGLEY LANE sales between December 2015 and March 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 December 2022 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
39 COGLEY LANE is 129m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 39 COGLEY LANE lies on this distribution: 64% of detached houses are smaller than 39 COGLEY LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bingham.
39 COGLEY LANE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 39 COGLEY LANE, 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 39 COGLEY LANE). 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.
39 COGLEY LANE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 39 on COGLEY LANE.