18, SHERWOOD GROVE, BINGHAM, NOTTINGHAM, NG13 8RG - £236,000

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.

18 SHERWOOD GROVE is a large extended detached house of 133m², built sometime between 1976 and 1982, which could now be worth an estimated £338,365. It was last sold for £236,000 in November 2016, which was around 32% below the average November 2016 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

18 SHERWOOD GROVE Sold Prices

Land registry data shows four sales for 18 SHERWOOD 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 18 SHERWOOD 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
2016 4 NOV	£236,000	£348,903	32% below HPI
2007 27 APR	£195,000	£276,856	30% below HPI
2002 8 NOV	£119,000	£207,610	43% below HPI
2000 21 JUL	£78,000	£134,217	42% below HPI

18 SHERWOOD 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 18 SHERWOOD GROVE sales between July 2000 and November 2016 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 April 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 18 SHERWOOD GROVE be worth now?

18 SHERWOOD GROVE might now be worth an estimated £338,365.

This is based on house price inflation of 43.4%, between November 2016 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 43.4% inflationary increase is applied to the most recent sale price for 18 SHERWOOD GROVE of £236,000 on 4th November 2016. For the value to have increased from £236,000 to £338,365 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 SHERWOOD GROVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The November 2016 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SHERWOOD GROVE has not materially changed since November 2016.

How Large is 18 SHERWOOD GROVE?

18 SHERWOOD GROVE is 133m², which includes one extension, according to the EPC inspection conducted in May 2016. 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 18 SHERWOOD GROVE lies on this distribution: 68% of detached houses houses are smaller than 18 SHERWOOD GROVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Bingham.

18 SHERWOOD GROVE: Plot and Title Map

18 SHERWOOD GROVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 18 SHERWOOD 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 18 SHERWOOD 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 18 SHERWOOD GROVE?

18 SHERWOOD GROVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 18 on SHERWOOD GROVE.