2, MILBURN GROVE, BINGHAM, NOTTINGHAM, NG13 8SP - £163,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MILBURN GROVE is a very small extended detached house of 77m², built sometime between 1976 and 1982. It was last sold for £163,000 in April 2013, which was around 40% below the average April 2013 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

2 MILBURN GROVE Sold Prices

Land registry data shows three sales for 2 MILBURN 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. All of the three 2 MILBURN 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 3 APR	£163,000	£272,016	40% below HPI
2006 10 FEB	£162,500	£257,918	37% below HPI
2003 24 OCT	£137,950	£240,186	43% below HPI

2 MILBURN 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 2 MILBURN GROVE sales between October 2003 and April 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 February 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2013 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 MILBURN GROVE?

2 MILBURN GROVE is 77m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 2 MILBURN GROVE lies on this distribution: 13% of detached houses are smaller than 2 MILBURN GROVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bingham.

2 MILBURN GROVE: Plot and Title Map

2 MILBURN GROVE sits on a plot of roughly 0.100 of an acre, or 407m². The below map shows the location of 2 MILBURN 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 2 MILBURN 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 2 MILBURN GROVE?

2 MILBURN GROVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 2 on MILBURN GROVE.