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
44 RINGWOOD ROAD is a very small extended detached house of 77m², built sometime between 1983 and 1990. It was last sold for £238,000 in September 2023, which was around 49% below the average September 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 44 RINGWOOD ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the five 44 RINGWOOD 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 |
---|---|---|---|
2023 15 SEP | £238,000 | £467,235 | 49% below HPI |
2017 27 MAR | £229,000 | £344,241 | 33% below HPI |
2005 15 AUG | £146,500 | £262,617 | 44% below HPI |
2002 10 DEC | £115,000 | £215,787 | 47% below HPI |
1996 30 APR | £59,950 | £90,033 | 33% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The five 44 RINGWOOD ROAD sales between April 1996 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 March 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2023 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
44 RINGWOOD ROAD is 77m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 44 RINGWOOD ROAD lies on this distribution: 13% of detached houses are smaller than 44 RINGWOOD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Bingham.
44 RINGWOOD ROAD sits on a plot of roughly 0.046 of an acre, or 184m². The below map shows the location of 44 RINGWOOD 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 44 RINGWOOD 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.
44 RINGWOOD ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 44 on RINGWOOD ROAD.