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
5 NURSERY ROAD is a large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £270,000 in January 2014, which was around 5% below the average January 2014 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 NURSERY ROAD 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 5 NURSERY 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 |
---|---|---|---|
2014 31 JAN | £270,000 | £283,966 | 5% below HPI |
2005 29 JUL | £180,000 | £257,855 | 30% below HPI |
1998 25 SEP | £69,950 | £107,788 | 35% 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 5 NURSERY ROAD sales between September 1998 and January 2014 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 July 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
5 NURSERY ROAD is 142m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 5 NURSERY ROAD lies on this distribution: 77% of detached houses are smaller than 5 NURSERY ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Bingham.
5 NURSERY ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 5 NURSERY 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 5 NURSERY 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.
5 NURSERY ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 5 on NURSERY ROAD.