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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 NEWSTEAD GROVE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £308,028. 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	£469,941	36% below HPI
2015 26 OCT	£190,000	£330,806	43% below HPI
2003 17 OCT	£144,000	£240,197	40% below HPI
2000 14 AUG	£79,500	£134,494	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.

What might 15 NEWSTEAD GROVE be worth now?

15 NEWSTEAD GROVE might now be worth an estimated £308,028.

This is based on house price inflation of 2.7%, between October 2022 and December 2024, 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 2.7% inflationary increase is applied to the most recent sale price for 15 NEWSTEAD GROVE of £300,000 on 7th October 2022. For the value to have increased from £300,000 to £308,028 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 15 NEWSTEAD GROVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The October 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NEWSTEAD GROVE has not materially changed since October 2022.

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 houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingham, and where 15 NEWSTEAD GROVE lies on this distribution: 17% of detached houses 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.