16, BALMORAL ROAD, BINGHAM, NOTTINGHAM, NG13 8SG - £201,000

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

16 BALMORAL ROAD is a very small detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £253,677. It was last sold for £201,000 in August 2019, which was around 47% below the average August 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

16 BALMORAL ROAD Sold Prices

Land registry data shows two sales for 16 BALMORAL ROAD 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 16 BALMORAL ROAD 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
2019 30 AUG	£201,000	£382,319	47% below HPI
2000 28 MAR	£85,000	£131,690	35% below HPI

16 BALMORAL ROAD 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 16 BALMORAL ROAD sales from March 2000 and August 2019 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 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 16 BALMORAL ROAD be worth now?

16 BALMORAL ROAD might now be worth an estimated £253,677.

This is based on house price inflation of 26.2%, between August 2019 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 26.2% inflationary increase is applied to the most recent sale price for 16 BALMORAL ROAD of £201,000 on 30th August 2019. For the value to have increased from £201,000 to £253,677 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 16 BALMORAL ROAD has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The August 2019 sale price of £201,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BALMORAL ROAD has not materially changed since August 2019.

How Large is 16 BALMORAL ROAD?

16 BALMORAL ROAD is 55m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 16 BALMORAL ROAD lies on this distribution: 2% of detached houses houses are smaller than 16 BALMORAL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Bingham.

16 BALMORAL ROAD: Plot and Title Map

16 BALMORAL ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 16 BALMORAL ROAD, 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 16 BALMORAL ROAD). 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 16 BALMORAL ROAD?

16 BALMORAL ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 16 on BALMORAL ROAD.