4, WELLAND GARDENS, BINGHAM, NOTTINGHAM, NG13 8YH - £262,500

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

4 WELLAND GARDENS is a very small detached house of 85m², built sometime from 2012 onwards. It was last sold for £262,500 in August 2020, which was around 35% below the average August 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

4 WELLAND GARDENS Sold Prices

Land registry data shows three sales for 4 WELLAND GARDENS since 1^st 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 4 WELLAND GARDENS 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
2020 24 AUG	£262,500	£403,968	35% below HPI
2017 4 OCT	£239,950	£359,660	33% below HPI
2013 26 JUL	£195,000	£286,952	32% below HPI

4 WELLAND GARDENS 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 three 4 WELLAND GARDENS sales between July 2013 and August 2020 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 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 4 WELLAND GARDENS?

4 WELLAND GARDENS is 85m² according to the EPC inspection conducted in April 2024. 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 4 WELLAND GARDENS lies on this distribution: 18% of detached houses are smaller than 4 WELLAND GARDENS, and 82% of houses are larger. Note that EPC data is not available for all properties in Bingham.

4 WELLAND GARDENS: Plot and Title Map

4 WELLAND GARDENS sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 4 WELLAND GARDENS, 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 4 WELLAND GARDENS). 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 4 WELLAND GARDENS?

4 WELLAND GARDENS is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 4 on WELLAND GARDENS.