1, SORREL DRIVE, BINGHAM, NOTTINGHAM, NG13 8UN - £430,000

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

1 SORREL DRIVE is a large detached house of 142m², built sometime between 1991 and 1995. It was last sold for £430,000 in July 2018, which was around 16% above the average July 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

1 SORREL DRIVE Sold Prices

Land registry data shows two sales for 1 SORREL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 1 SORREL DRIVE 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
2018 20 JUL	£430,000	£369,890	16% above HPI
1997 31 OCT	£139,950	£103,600	35% above HPI

1 SORREL DRIVE 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 two 1 SORREL DRIVE sales from October 1997 and July 2018 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 October 1997 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2018 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 1 SORREL DRIVE?

1 SORREL DRIVE is 142m² according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 1 SORREL DRIVE lies on this distribution: 77% of detached houses are smaller than 1 SORREL DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bingham.

1 SORREL DRIVE: Plot and Title Map

1 SORREL DRIVE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 1 SORREL DRIVE, 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 SORREL DRIVE). 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 SORREL DRIVE?

1 SORREL DRIVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 1 on SORREL DRIVE.