40, SKYLARK CLOSE, BINGHAM, NOTTINGHAM, NG13 8QH - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 SKYLARK CLOSE is a large extended detached house of 136m², built sometime between 1996 and 2002, which could now be worth an estimated £432,523. It was last sold for £360,000 in November 2020, which was around 10% below the average November 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

40 SKYLARK CLOSE Sold Prices

Land registry data shows four sales for 40 SKYLARK CLOSE 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 40 SKYLARK 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
2020 18 NOV	£360,000	£401,610	10% below HPI
2014 26 SEP	£247,000	£300,053	18% below HPI
2003 23 MAY	£173,000	£228,471	24% below HPI
2001 2 MAR	£129,375	£146,710	12% below HPI

40 SKYLARK 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 four 40 SKYLARK CLOSE sales between March 2001 and November 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 September 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 40 SKYLARK CLOSE be worth now?

40 SKYLARK CLOSE might now be worth an estimated £432,523.

This is based on house price inflation of 20.1%, between November 2020 and December 2024, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 40 SKYLARK CLOSE of £360,000 on 18th November 2020. For the value to have increased from £360,000 to £432,523 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 40 SKYLARK CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The November 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SKYLARK CLOSE has not materially changed since November 2020.

How Large is 40 SKYLARK CLOSE?

40 SKYLARK CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingham, and where 40 SKYLARK CLOSE lies on this distribution: 71% of detached houses houses are smaller than 40 SKYLARK CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bingham.

40 SKYLARK CLOSE: Plot and Title Map

40 SKYLARK CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 40 SKYLARK 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 40 SKYLARK 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 40 SKYLARK CLOSE?

40 SKYLARK CLOSE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 40 on SKYLARK CLOSE.