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
9 LANGAR ROAD is a very large extended detached house of 230m², built sometime between 1967 and 1975. It was last sold for £695,000 in May 2023, which was around 51% above the average May 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows seven sales for 9 LANGAR ROAD since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. The seven 9 LANGAR ROAD sales were a mix of above the average price, roughly equal to the average price, and 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 26 MAY | £695,000 | £460,856 | 51% above HPI |
2021 19 FEB | £395,000 | £411,815 | 4% below HPI |
2019 4 JUN | £380,000 | £382,409 | 1% below HPI |
2012 9 NOV | £275,000 | £276,247 | Close to HPI |
2006 19 DEC | £266,000 | £273,059 | 3% below HPI |
1998 7 AUG | £98,000 | £109,713 | 11% below HPI |
1996 21 AUG | £92,500 | £90,465 | 2% above HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The seven 9 LANGAR ROAD sales between August 1996 and May 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 February 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2023 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.
9 LANGAR ROAD is 230m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 9 LANGAR ROAD lies on this distribution: 98% of detached houses are smaller than 9 LANGAR ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Bingham.
9 LANGAR ROAD sits on a plot of roughly 0.172 of an acre, or 694m². The below map shows the location of 9 LANGAR 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 9 LANGAR 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.
9 LANGAR ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 9 on LANGAR ROAD.