3, LUNE WAY, BINGHAM, NOTTINGHAM, NG13 8YX - £274,800

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.

3 LUNE WAY is a small detached house of 99m², built sometime from 2007 onwards, which could now be worth an estimated £356,036. It was last sold for £274,800 in March 2020, which was around 29% below the average March 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

3 LUNE WAY Sold Prices

Land registry data shows three sales for 3 LUNE WAY 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. All of the three 3 LUNE WAY sales were 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
2020 10 MAR	£274,800	£386,101	29% below HPI
2017 27 JAN	£253,500	£353,639	28% below HPI
2008 27 JUN	£224,950	£270,584	17% below HPI

3 LUNE WAY 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 3 LUNE WAY sales between June 2008 and March 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 January 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 LUNE WAY be worth now?

3 LUNE WAY might now be worth an estimated £356,036.

This is based on house price inflation of 29.6%, between March 2020 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 29.6% inflationary increase is applied to the most recent sale price for 3 LUNE WAY of £274,800 on 10th March 2020. For the value to have increased from £274,800 to £356,036 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 3 LUNE WAY has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The March 2020 sale price of £274,800 represented a fair market value for the property.
• The size, condition, and specification of 3 LUNE WAY has not materially changed since March 2020.

How Large is 3 LUNE WAY?

3 LUNE WAY is 99m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% 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 3 LUNE WAY lies on this distribution: 33% of detached houses houses are smaller than 3 LUNE WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Bingham.

3 LUNE WAY: Plot and Title Map

3 LUNE WAY sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 LUNE WAY, 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 3 LUNE WAY). 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 3 LUNE WAY?

3 LUNE WAY is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 3 on LUNE WAY.