3, SHERWOOD GROVE, BINGHAM, NOTTINGHAM, NG13 8RG - £127,000

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 SHERWOOD GROVE is a midsized extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £127,000 in March 2002, which was around 25% below the average March 2002 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2024, where the current energy rating was B, and the potential energy rating was B.

3 SHERWOOD GROVE Sold Prices

Land registry data shows two sales for 3 SHERWOOD GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 3 SHERWOOD 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
2002 15 MAR	£127,000	£169,072	25% below HPI
1997 28 NOV	£93,000	£102,563	9% below HPI

3 SHERWOOD 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 two 3 SHERWOOD GROVE sales from November 1997 and March 2002 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 November 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2002 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 SHERWOOD GROVE?

3 SHERWOOD GROVE is 107m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 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 3 SHERWOOD GROVE lies on this distribution: 42% of detached houses are smaller than 3 SHERWOOD GROVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bingham.

3 SHERWOOD GROVE: Plot and Title Map

3 SHERWOOD GROVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 3 SHERWOOD 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 SHERWOOD 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 SHERWOOD GROVE?

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