16, WELBECK GROVE, BINGHAM, NOTTINGHAM, NG13 8RF - £185,000

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

16 WELBECK GROVE is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £185,000 in October 2013, which was around 36% below the average October 2013 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

16 WELBECK GROVE Sold Prices

Land registry data shows two sales for 16 WELBECK GROVE 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 WELBECK 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
2013 17 OCT	£185,000	£288,009	36% below HPI
1996 14 MAR	£60,000	£89,084	33% below HPI

16 WELBECK 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 two 16 WELBECK GROVE sales from March 1996 and October 2013 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 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 WELBECK GROVE?

16 WELBECK GROVE is 67m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 16 WELBECK GROVE lies on this distribution: 7% of detached houses are smaller than 16 WELBECK GROVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bingham.

16 WELBECK GROVE: Plot and Title Map

16 WELBECK GROVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 16 WELBECK 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 WELBECK 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 WELBECK GROVE?

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