22, FOREST ROAD, BINGHAM, NOTTINGHAM, NG13 8RN - £355,000

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

22 FOREST ROAD is a midsized extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £355,000 in August 2024, which was around 27% below the average August 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

22 FOREST ROAD Sold Prices

Land registry data shows three sales for 22 FOREST ROAD 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 22 FOREST 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
2024 13 AUG	£355,000	£485,498	27% below HPI
2019 28 AUG	£320,000	£382,301	16% below HPI
2006 23 NOV	£190,000	£271,548	30% below HPI

22 FOREST 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 three 22 FOREST ROAD sales between November 2006 and August 2024 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 August 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 22 FOREST ROAD?

22 FOREST ROAD is 122m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 22 FOREST ROAD lies on this distribution: 57% of detached houses are smaller than 22 FOREST ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Bingham.

22 FOREST ROAD: Plot and Title Map

22 FOREST ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 22 FOREST 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 22 FOREST 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 22 FOREST ROAD?

22 FOREST ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 22 on FOREST ROAD.