4, CARR ROAD, BINGHAM, NOTTINGHAM, NG13 8EJ - £225,000

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.

4 CARR ROAD is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £301,929. It was last sold for £225,000 in February 2019, which was around 40% below the average February 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

4 CARR ROAD Sold Prices

Land registry data shows two sales for 4 CARR 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 4 CARR 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
2019 20 FEB	£225,000	£372,783	40% below HPI
2000 22 MAR	£78,500	£131,690	40% below HPI

4 CARR 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 4 CARR ROAD sales from March 2000 and February 2019 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 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2019 sale, which was also at 40% below the HPI.

What might 4 CARR ROAD be worth now?

4 CARR ROAD might now be worth an estimated £301,929.

This is based on house price inflation of 34.2%, between February 2019 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 34.2% inflationary increase is applied to the most recent sale price for 4 CARR ROAD of £225,000 on 20th February 2019. For the value to have increased from £225,000 to £301,929 over the six years to February 2025, the following assumptions must hold true:

• The value of 4 CARR ROAD has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The February 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CARR ROAD has not materially changed since February 2019.

How Large is 4 CARR ROAD?

4 CARR ROAD is 74m² according to the EPC inspection conducted in September 2018. 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 4 CARR ROAD lies on this distribution: 11% of detached houses houses are smaller than 4 CARR ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Bingham.

4 CARR ROAD: Plot and Title Map

4 CARR ROAD sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 4 CARR 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 4 CARR 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 4 CARR ROAD?

4 CARR ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 4 on CARR ROAD.