3, ARDEN GROVE, BINGHAM, NOTTINGHAM, NG13 8SD - £189,000

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

3 ARDEN GROVE is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £189,000 in January 2014, which was around 33% below the average January 2014 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

3 ARDEN GROVE Sold Prices

Land registry data shows four sales for 3 ARDEN 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 3 ARDEN 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
2014 24 JAN	£189,000	£283,966	33% below HPI
2012 31 OCT	£170,000	£275,955	38% below HPI
2011 22 SEP	£174,950	£279,503	37% below HPI
1998 23 APR	£67,500	£102,838	34% below HPI

3 ARDEN 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 3 ARDEN GROVE sales between April 1998 and January 2014 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 October 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 ARDEN GROVE?

3 ARDEN GROVE is 81m², which includes one extension, according to the EPC inspection conducted in July 2011. 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 3 ARDEN GROVE lies on this distribution: 15% of detached houses are smaller than 3 ARDEN GROVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bingham.

3 ARDEN GROVE: Plot and Title Map

3 ARDEN GROVE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 3 ARDEN 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 3 ARDEN 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 3 ARDEN GROVE?

3 ARDEN GROVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 3 on ARDEN GROVE.