5, CEDAR CLOSE, BINGHAM, NOTTINGHAM, NG13 8GH - £131,500

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.

5 CEDAR CLOSE is a detached house, which could now be worth an estimated £238,920. It was last sold for £131,500 in March 2007, which was around 51% below the average March 2007 detached price in the Rushcliffe local authority area.

5 CEDAR CLOSE Sold Prices

Land registry data shows three sales for 5 CEDAR CLOSE 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 5 CEDAR CLOSE 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
2007 23 MAR	£131,500	£268,984	51% below HPI
1998 2 MAR	£50,000	£104,840	52% below HPI
1995 6 OCT	£41,000	£90,758	55% below HPI

What might 5 CEDAR CLOSE be worth now?

5 CEDAR CLOSE might now be worth an estimated £238,920.

This is based on house price inflation of 81.7%, between March 2007 and May 2026, 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 81.7% inflationary increase is applied to the most recent sale price for 5 CEDAR CLOSE of £131,500 on 23rd March 2007. For the value to have increased from £131,500 to £238,920 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 CEDAR CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The March 2007 sale price of £131,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CEDAR CLOSE has not materially changed since March 2007.

Where is 5 CEDAR CLOSE?

5 CEDAR CLOSE is located in BINGHAM, in the NG13 postcode district.