15, NEWSTEAD GROVE, BINGHAM, NOTTINGHAM, NG13 8RJ - £300,000

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

15 NEWSTEAD GROVE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £300,000 in October 2022, which was around 36% below the average October 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

15 NEWSTEAD GROVE Sold Prices

Land registry data shows four sales for 15 NEWSTEAD GROVE 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 NEWSTEAD GROVE 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
2022 7 OCT	£300,000	£469,918	36% below HPI
2015 26 OCT	£190,000	£330,791	43% below HPI
2003 17 OCT	£144,000	£240,186	40% below HPI
2000 14 AUG	£79,500	£134,488	41% below HPI

15 NEWSTEAD GROVE 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 NEWSTEAD GROVE sales between August 2000 and October 2022 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 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 15 NEWSTEAD GROVE?

15 NEWSTEAD GROVE is 84m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 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 15 NEWSTEAD GROVE lies on this distribution: 17% of detached houses are smaller than 15 NEWSTEAD GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bingham.

15 NEWSTEAD GROVE: Plot and Title Map

15 NEWSTEAD GROVE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 15 NEWSTEAD GROVE, 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 NEWSTEAD GROVE). 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 NEWSTEAD GROVE?

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