31, PORCHESTER ROAD, BINGHAM, NOTTINGHAM, NG13 8ES - £220,000

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.

31 PORCHESTER ROAD is a very small extended detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £388,757. It was last sold for £220,000 in February 2014, which was around 22% below the average February 2014 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

31 PORCHESTER ROAD Sold Prices

Land registry data shows two sales for 31 PORCHESTER ROAD 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 31 PORCHESTER 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
2014 28 FEB	£220,000	£283,089	22% below HPI
2009 25 SEP	£170,000	£252,924	33% below HPI

31 PORCHESTER 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 two 31 PORCHESTER ROAD sales from September 2009 and February 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 September 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 31 PORCHESTER ROAD be worth now?

31 PORCHESTER ROAD might now be worth an estimated £388,757.

This is based on house price inflation of 76.7%, between February 2014 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 76.7% inflationary increase is applied to the most recent sale price for 31 PORCHESTER ROAD of £220,000 on 28th February 2014. For the value to have increased from £220,000 to £388,757 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 31 PORCHESTER ROAD has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The February 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 31 PORCHESTER ROAD has not materially changed since February 2014.

How Large is 31 PORCHESTER ROAD?

31 PORCHESTER ROAD is 87m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% 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 31 PORCHESTER ROAD lies on this distribution: 19% of detached houses houses are smaller than 31 PORCHESTER ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Bingham.

31 PORCHESTER ROAD: Plot and Title Map

31 PORCHESTER ROAD sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 31 PORCHESTER 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 31 PORCHESTER 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 31 PORCHESTER ROAD?

31 PORCHESTER ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 31 on PORCHESTER ROAD.