TAKARA, DERRY LANE, BINGHAM, NOTTINGHAM, NG13 8DG - £445,000

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.

TAKARA is a large extended detached house of 136m², built sometime from 2007 onwards, which could now be worth an estimated £473,502. It was last sold for £445,000 in September 2022, which was around 5% below the average September 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

TAKARA Sold Prices

Land registry data shows three sales for TAKARA 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 TAKARA sales were for below the average price, whilst one was 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
2022 13 SEP	£445,000	£470,129	5% below HPI
2011 21 FEB	£248,000	£269,648	8% below HPI
2008 11 JAN	£300,000	£284,963	5% above HPI

TAKARA 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 TAKARA sales between January 2008 and September 2022 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might TAKARA be worth now?

TAKARA might now be worth an estimated £473,502.

This is based on house price inflation of 6.4%, between September 2022 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 6.4% inflationary increase is applied to the most recent sale price for TAKARA of £445,000 on 13th September 2022. For the value to have increased from £445,000 to £473,502 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of TAKARA has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2022 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of TAKARA has not materially changed since September 2022.

How Large is TAKARA?

TAKARA is 136m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% 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 TAKARA lies on this distribution: 71% of detached houses houses are smaller than TAKARA, and 29% of houses are larger. Note that EPC data is not available for all properties in Bingham.

TAKARA: Plot and Title Map

TAKARA sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of TAKARA, 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 TAKARA). 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 TAKARA?

TAKARA is located on DERRY LANE in BINGHAM, in the NG13 postcode district. The below map shows the position of TAKARA on DERRY LANE.