8, BETONY CLOSE, BINGHAM, NOTTINGHAM, NG13 8TP - £385,000

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.

8 BETONY CLOSE is a very large detached house of 178m², built sometime between 1996 and 2002, which could now be worth an estimated £507,271. It was last sold for £385,000 in November 2018, which was around 1% above the average November 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

8 BETONY CLOSE Sold Prices

Land registry data shows three sales for 8 BETONY CLOSE since 1^st 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. Two of the three 8 BETONY CLOSE sales were for above the average price, whilst one was 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
2018 16 NOV	£385,000	£379,664	1% above HPI
2011 18 FEB	£250,000	£269,648	7% below HPI
1995 15 DEC	£126,420	£88,588	43% above HPI

8 BETONY 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 three 8 BETONY CLOSE sales between December 1995 and November 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 February 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 BETONY CLOSE be worth now?

8 BETONY CLOSE might now be worth an estimated £507,271.

This is based on house price inflation of 31.8%, between November 2018 and February 2025, 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 31.8% inflationary increase is applied to the most recent sale price for 8 BETONY CLOSE of £385,000 on 16th November 2018. For the value to have increased from £385,000 to £507,271 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 BETONY CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The November 2018 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BETONY CLOSE has not materially changed since November 2018.

How Large is 8 BETONY CLOSE?

8 BETONY CLOSE is 178m² according to the EPC inspection conducted in December 2010. This puts it in the largest 10% 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 8 BETONY CLOSE lies on this distribution: 92% of detached houses houses are smaller than 8 BETONY CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Bingham.

8 BETONY CLOSE: Plot and Title Map

8 BETONY CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 8 BETONY 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 8 BETONY 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 8 BETONY CLOSE?

8 BETONY CLOSE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 8 on BETONY CLOSE.