3, CHERWELL GARDENS, BINGHAM, NOTTINGHAM, NG13 8YW - £324,500

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.

3 CHERWELL GARDENS is a small detached house of 103m², built sometime between 2007 and 2011, which could now be worth an estimated £347,699. It was last sold for £324,500 in September 2023, which was around 30% below the average September 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

3 CHERWELL GARDENS Sold Prices

Land registry data shows three sales for 3 CHERWELL GARDENS 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 3 CHERWELL GARDENS 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
2023 29 SEP	£324,500	£466,863	30% below HPI
2017 28 APR	£257,000	£343,919	25% below HPI
2010 4 NOV	£213,000	£281,313	24% below HPI

3 CHERWELL GARDENS 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 3 CHERWELL GARDENS sales between November 2010 and September 2023 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 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 CHERWELL GARDENS be worth now?

3 CHERWELL GARDENS might now be worth an estimated £347,699.

This is based on house price inflation of 7.1%, between September 2023 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 7.1% inflationary increase is applied to the most recent sale price for 3 CHERWELL GARDENS of £324,500 on 29th September 2023. For the value to have increased from £324,500 to £347,699 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 CHERWELL GARDENS has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2023 sale price of £324,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERWELL GARDENS has not materially changed since September 2023.

How Large is 3 CHERWELL GARDENS?

3 CHERWELL GARDENS is 103m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 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 3 CHERWELL GARDENS lies on this distribution: 38% of detached houses houses are smaller than 3 CHERWELL GARDENS, and 61% of houses are larger. Note that EPC data is not available for all properties in Bingham.

3 CHERWELL GARDENS: Plot and Title Map

3 CHERWELL GARDENS sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 3 CHERWELL GARDENS, 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 CHERWELL GARDENS). 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 CHERWELL GARDENS?

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