7, BINCH FIELD CLOSE, CALVERTON, NOTTINGHAM, NG14 6RY - £278,400

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 BINCH FIELD CLOSE is a large detached house of 116m², which could now be worth an estimated £399,949. It was last sold for £278,400 in June 2018, which was around 7% above the average June 2018 detached price in the Gedling local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was A.

7 BINCH FIELD CLOSE Sold Prices

Land registry data shows two sales for 7 BINCH FIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 7 BINCH FIELD CLOSE sales 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
2018 6 JUN	£278,400	£260,288	7% above HPI
2015 4 DEC	£254,995	£227,637	12% above HPI

7 BINCH FIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 7 BINCH FIELD CLOSE sales from December 2015 and June 2018 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 December 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 7 BINCH FIELD CLOSE be worth now?

7 BINCH FIELD CLOSE might now be worth an estimated £399,949.

This is based on house price inflation of 43.7%, between June 2018 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.7% inflationary increase is applied to the most recent sale price for 7 BINCH FIELD CLOSE of £278,400 on 6th June 2018. For the value to have increased from £278,400 to £399,949 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 7 BINCH FIELD CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2018 sale price of £278,400 represented a fair market value for the property.
• The size, condition, and specification of 7 BINCH FIELD CLOSE has not materially changed since June 2018.

How Large is 7 BINCH FIELD CLOSE?

7 BINCH FIELD CLOSE is 116m² according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses houses in Calverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Calverton, and where 7 BINCH FIELD CLOSE lies on this distribution: 68% of detached houses houses are smaller than 7 BINCH FIELD CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Calverton.

7 BINCH FIELD CLOSE: Plot and Title Map

7 BINCH FIELD CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 7 BINCH FIELD 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 7 BINCH FIELD 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 7 BINCH FIELD CLOSE?

7 BINCH FIELD CLOSE is located in CALVERTON, in the NG14 postcode district. The below map shows the position of No. 7 on BINCH FIELD CLOSE.