16, CHAPELFIELD GROVE, BINGHAM, NOTTINGHAM, NG13 8HL - £447,500

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.

16 CHAPELFIELD GROVE is a large detached house of 131m², which could now be worth an estimated £560,020. It was last sold for £447,500 in July 2020, which was around 12% above the average July 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2013, where the current energy rating was B, and the potential energy rating was B.

16 CHAPELFIELD GROVE Sold Prices

Land registry data shows three sales for 16 CHAPELFIELD GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. The three 16 CHAPELFIELD GROVE sales were a mix of above the average price, and roughly equal to 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
2020 11 JUL	£447,500	£399,731	12% above HPI
2018 19 FEB	£395,000	£360,561	10% above HPI
2013 28 JUN	£285,000	£285,973	Close to HPI

16 CHAPELFIELD 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 three 16 CHAPELFIELD GROVE sales between June 2013 and July 2020 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 February 2018 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 16 CHAPELFIELD GROVE be worth now?

16 CHAPELFIELD GROVE might now be worth an estimated £560,020.

This is based on house price inflation of 25.1%, between July 2020 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 25.1% inflationary increase is applied to the most recent sale price for 16 CHAPELFIELD GROVE of £447,500 on 11th July 2020. For the value to have increased from £447,500 to £560,020 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 16 CHAPELFIELD GROVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The July 2020 sale price of £447,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CHAPELFIELD GROVE has not materially changed since July 2020.

How Large is 16 CHAPELFIELD GROVE?

16 CHAPELFIELD GROVE is 131m² according to the EPC inspection conducted in January 2013. This puts it in the largest 40% 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 CHAPELFIELD GROVE lies on this distribution: 65% of detached houses houses are smaller than 16 CHAPELFIELD GROVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bingham.

16 CHAPELFIELD GROVE: Plot and Title Map

16 CHAPELFIELD GROVE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 16 CHAPELFIELD 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 16 CHAPELFIELD 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 16 CHAPELFIELD GROVE?

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