12, SORREL DRIVE, BINGHAM, NOTTINGHAM, NG13 8UN - £445,000

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

12 SORREL DRIVE is a very large extended detached house of 166m², built sometime between 1996 and 2002. It was last sold for £445,000 in November 2020, which was around 11% above the average November 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

12 SORREL DRIVE Sold Prices

Land registry data shows three sales for 12 SORREL DRIVE 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 12 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
2020 2 NOV	£445,000	£401,591	11% above HPI
2017 3 MAR	£399,950	£344,241	16% above HPI
1998 29 MAY	£125,950	£104,231	21% above HPI

12 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 three 12 SORREL DRIVE sales between May 1998 and November 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 2017 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 12 SORREL DRIVE?

12 SORREL DRIVE is 166m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 12 SORREL DRIVE lies on this distribution: 90% of detached houses are smaller than 12 SORREL DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Bingham.

12 SORREL DRIVE: Plot and Title Map

12 SORREL DRIVE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 12 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 12 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 12 SORREL DRIVE?

12 SORREL DRIVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 12 on SORREL DRIVE.