THE BUNGALOW, VICARAGE LANE, RUDDINGTON, NOTTINGHAM, NG11 6HB - £315,000

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

THE BUNGALOW is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £315,000 in June 2016, which was around 3% below the average June 2016 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows four sales for THE BUNGALOW 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 THE BUNGALOW 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
2016 6 JUN	£315,000	£323,224	3% below HPI
2013 12 AUG	£237,000	£287,300	18% below HPI
1997 2 MAY	£114,950	£95,734	20% above HPI
1995 30 JUN	£109,750	£88,771	24% above HPI

THE BUNGALOW 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 THE BUNGALOW sales between June 1995 and June 2016 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 August 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 76m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruddington, and where THE BUNGALOW lies on this distribution: 6% of detached houses are smaller than THE BUNGALOW, and 94% of houses are larger. Note that EPC data is not available for all properties in Ruddington.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on VICARAGE LANE in RUDDINGTON, in the NG11 postcode district. The below map shows the position of THE BUNGALOW on VICARAGE LANE.