5, NICHOLSON CLOSE, BINGLEY, BD16 4UN - £313,000

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.

5 NICHOLSON CLOSE is a midsized detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £471,412. It was last sold for £313,000 in September 2010, which was around 48% above the average September 2010 detached price in the Bradford local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

5 NICHOLSON CLOSE Sold Prices

Land registry data shows three sales for 5 NICHOLSON 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 Bradford local authority area for the corresponding sale date. All of the three 5 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
2010 24 SEP	£313,000	£210,937	48% above HPI
1999 29 JAN	£164,000	£78,938	108% above HPI
1997 31 DEC	£164,995	£77,353	113% above HPI

5 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 three 5 NICHOLSON CLOSE sales between December 1997 and September 2010 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 1999 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the September 2010 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 5 NICHOLSON CLOSE be worth now?

5 NICHOLSON CLOSE might now be worth an estimated £471,412.

This is based on house price inflation of 50.6%, between September 2010 and February 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 50.6% inflationary increase is applied to the most recent sale price for 5 NICHOLSON CLOSE of £313,000 on 24th September 2010. For the value to have increased from £313,000 to £471,412 over the fifteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 NICHOLSON CLOSE has moved in line with the HPI for detached houses in the Bradford local authority area.
• The September 2010 sale price of £313,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NICHOLSON CLOSE has not materially changed since September 2010.

How Large is 5 NICHOLSON CLOSE?

5 NICHOLSON CLOSE is 139m² according to the EPC inspection conducted in June 2009. This puts it in the largest 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 5 NICHOLSON CLOSE lies on this distribution: 57% of detached houses houses are smaller than 5 NICHOLSON CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bingley.

5 NICHOLSON CLOSE: Plot and Title Map

5 NICHOLSON CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 5 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 5 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 5 NICHOLSON CLOSE?

5 NICHOLSON CLOSE is located in BINGLEY, in the BD16 postcode district. The below map shows the position of No. 5 on NICHOLSON CLOSE.