23, ORCHARD AVENUE, BINGHAM, NOTTINGHAM, NG13 8GD - £258,000

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

23 ORCHARD AVENUE is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £258,000 in January 2020, which was around 33% below the average January 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

23 ORCHARD AVENUE Sold Prices

Land registry data shows three sales for 23 ORCHARD AVENUE 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 23 ORCHARD AVENUE 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
2020 16 JAN	£258,000	£386,877	33% below HPI
2018 21 MAR	£246,000	£359,056	31% below HPI
1998 17 JUL	£72,500	£108,840	33% below HPI

23 ORCHARD AVENUE 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 23 ORCHARD AVENUE sales between July 1998 and January 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 March 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 23 ORCHARD AVENUE?

23 ORCHARD AVENUE is 96m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 23 ORCHARD AVENUE lies on this distribution: 30% of detached houses are smaller than 23 ORCHARD AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bingham.

23 ORCHARD AVENUE: Plot and Title Map

23 ORCHARD AVENUE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 23 ORCHARD AVENUE, 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 23 ORCHARD AVENUE). 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 23 ORCHARD AVENUE?

23 ORCHARD AVENUE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 23 on ORCHARD AVENUE.