15, CHERRY STREET, BINGHAM, NOTTINGHAM, NG13 8AJ - £494,100

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.

15 CHERRY STREET is a large extended detached house of 144m², built sometime before 1900, which could now be worth an estimated £525,304. It was last sold for £494,100 in February 2023, which was around 5% above the average February 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

15 CHERRY STREET Sold Prices

Land registry data shows four sales for 15 CHERRY STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 15 CHERRY STREET 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
2023 21 FEB	£494,100	£470,525	5% above HPI
2008 22 AUG	£285,000	£261,124	9% above HPI
2000 12 OCT	£145,000	£141,570	2% above HPI
1997 1 JUL	£123,000	£97,572	26% above HPI

15 CHERRY STREET 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 four 15 CHERRY STREET sales between July 1997 and February 2023 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 August 2008 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 CHERRY STREET be worth now?

15 CHERRY STREET might now be worth an estimated £525,304.

This is based on house price inflation of 6.3%, between February 2023 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 6.3% inflationary increase is applied to the most recent sale price for 15 CHERRY STREET of £494,100 on 21st February 2023. For the value to have increased from £494,100 to £525,304 over the two years to February 2025, the following assumptions must hold true:

• The value of 15 CHERRY STREET has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The February 2023 sale price of £494,100 represented a fair market value for the property.
• The size, condition, and specification of 15 CHERRY STREET has not materially changed since February 2023.

How Large is 15 CHERRY STREET?

15 CHERRY STREET is 144m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% 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 15 CHERRY STREET lies on this distribution: 80% of detached houses houses are smaller than 15 CHERRY STREET, and 19% of houses are larger. Note that EPC data is not available for all properties in Bingham.

15 CHERRY STREET: Plot and Title Map

15 CHERRY STREET sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 15 CHERRY STREET, 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 15 CHERRY STREET). 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 15 CHERRY STREET?

15 CHERRY STREET is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 15 on CHERRY STREET.