1, NICHOLSON CLOSE, BINGLEY, BD16 4UN - £387,500

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.

1 NICHOLSON CLOSE is a midsized extended detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £501,930. It was last sold for £387,500 in August 2020, which was around 54% above the average August 2020 detached price in the Bradford local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

1 NICHOLSON CLOSE Sold Prices

Land registry data shows two sales for 1 NICHOLSON 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 Bradford local authority area for the corresponding sale date. Both of the two 1 NICHOLSON 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
2020 25 AUG	£387,500	£251,393	54% above HPI
1998 31 MAR	£159,995	£79,686	101% above HPI

1 NICHOLSON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bradford local authority area over time, sourced from the HPI. The two 1 NICHOLSON CLOSE sales from March 1998 and August 2020 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 March 1998 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the August 2020 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 1 NICHOLSON CLOSE be worth now?

1 NICHOLSON CLOSE might now be worth an estimated £501,930.

This is based on house price inflation of 29.5%, between August 2020 and March 2025, for detached houses, in the Bradford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.5% inflationary increase is applied to the most recent sale price for 1 NICHOLSON CLOSE of £387,500 on 25th August 2020. For the value to have increased from £387,500 to £501,930 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 1 NICHOLSON CLOSE has moved in line with the HPI for detached houses in the Bradford local authority area.
• The August 2020 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 1 NICHOLSON CLOSE has not materially changed since August 2020.

How Large is 1 NICHOLSON CLOSE?

1 NICHOLSON CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses houses in Bingley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingley, and where 1 NICHOLSON CLOSE lies on this distribution: 49% of detached houses houses are smaller than 1 NICHOLSON CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Bingley.

1 NICHOLSON CLOSE: Plot and Title Map

1 NICHOLSON CLOSE sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 1 NICHOLSON 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 1 NICHOLSON 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 1 NICHOLSON CLOSE?

1 NICHOLSON CLOSE is located in BINGLEY, in the BD16 postcode district. The below map shows the position of No. 1 on NICHOLSON CLOSE.