15, ORCHARD AVENUE, BINGHAM, NOTTINGHAM, NG13 8GD - £237,000

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 ORCHARD AVENUE is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £237,000 in August 2015, which was around 26% below the average August 2015 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

15 ORCHARD AVENUE Sold Prices

Land registry data shows two sales for 15 ORCHARD AVENUE 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 15 ORCHARD AVENUE 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
2015 24 AUG	£237,000	£319,525	26% below HPI
2014 26 NOV	£185,000	£304,928	39% below HPI

15 ORCHARD AVENUE 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 15 ORCHARD AVENUE sales from November 2014 and August 2015 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 November 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 ORCHARD AVENUE?

15 ORCHARD AVENUE is 90m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 15 ORCHARD AVENUE lies on this distribution: 22% of detached houses are smaller than 15 ORCHARD AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bingham.

15 ORCHARD AVENUE: Plot and Title Map

15 ORCHARD AVENUE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 15 ORCHARD AVENUE, 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 ORCHARD AVENUE). 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 ORCHARD AVENUE?

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