5, VALERIAN WAY, BINGHAM, NOTTINGHAM, NG13 8UR - £425,000

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 VALERIAN WAY is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £425,000 in July 2024, which was around 11% below the average July 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

5 VALERIAN WAY Sold Prices

Land registry data shows four sales for 5 VALERIAN WAY 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. two of the four 5 VALERIAN WAY sales were for below the average price, and four were for above 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
2024 26 JUL	£425,000	£476,771	11% below HPI
2010 26 FEB	£289,950	£264,940	9% above HPI
2006 25 MAY	£249,950	£259,064	4% below HPI
1999 31 MAR	£132,995	£110,634	20% above HPI

5 VALERIAN WAY 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 5 VALERIAN WAY sales between March 1999 and July 2024 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 February 2010 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 VALERIAN WAY?

5 VALERIAN WAY is 126m² according to the EPC inspection conducted in November 2022. 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 5 VALERIAN WAY lies on this distribution: 60% of detached houses are smaller than 5 VALERIAN WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Bingham.

5 VALERIAN WAY: Plot and Title Map

5 VALERIAN WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 5 VALERIAN WAY, 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 VALERIAN WAY). 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 5 VALERIAN WAY?

5 VALERIAN WAY is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 5 on VALERIAN WAY.