4, SHERWOOD GROVE, BINGHAM, NOTTINGHAM, NG13 8RG - £325,000

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 SHERWOOD GROVE is a large detached house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £479,024. It was last sold for £325,000 in August 2016, which was around 4% below the average August 2016 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

4 SHERWOOD GROVE Sold Prices

Land registry data shows three sales for 4 SHERWOOD GROVE 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 4 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
2016 25 AUG	£325,000	£339,394	4% below HPI
2014 25 JUN	£276,500	£286,764	4% below HPI
2007 27 APR	£250,000	£276,856	10% below HPI

4 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 three 4 SHERWOOD GROVE sales between April 2007 and August 2016 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 June 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2016 sale, which was also at 4% below the HPI.

What might 4 SHERWOOD GROVE be worth now?

4 SHERWOOD GROVE might now be worth an estimated £479,024.

This is based on house price inflation of 47.4%, between August 2016 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 47.4% inflationary increase is applied to the most recent sale price for 4 SHERWOOD GROVE of £325,000 on 25th August 2016. For the value to have increased from £325,000 to £479,024 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 4 SHERWOOD GROVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The August 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHERWOOD GROVE has not materially changed since August 2016.

How Large is 4 SHERWOOD GROVE?

4 SHERWOOD GROVE is 144m² according to the EPC inspection conducted in April 2013. This puts it in the largest 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 SHERWOOD GROVE lies on this distribution: 80% of detached houses houses are smaller than 4 SHERWOOD GROVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Bingham.

4 SHERWOOD GROVE: Plot and Title Map

4 SHERWOOD GROVE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 4 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 4 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 4 SHERWOOD GROVE?

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