4, SORREL DRIVE, BINGHAM, NOTTINGHAM, NG13 8UN - £475,000

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

4 SORREL DRIVE is a very large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £475,000 in December 2021, which was around 5% above the average December 2021 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 SORREL DRIVE Sold Prices

Land registry data shows five sales for 4 SORREL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the five 4 SORREL DRIVE sales were for above 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
2021 2 DEC	£475,000	£451,122	5% above HPI
2013 8 NOV	£307,500	£286,861	7% above HPI
2004 28 JAN	£249,950	£242,987	3% above HPI
2002 7 FEB	£228,000	£167,001	37% above HPI
1998 27 MAR	£139,950	£104,835	33% above HPI

4 SORREL DRIVE 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 five 4 SORREL DRIVE sales between March 1998 and December 2021 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 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 4 SORREL DRIVE?

4 SORREL DRIVE is 158m² according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 4 SORREL DRIVE lies on this distribution: 86% of detached houses are smaller than 4 SORREL DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Bingham.

4 SORREL DRIVE: Plot and Title Map

4 SORREL DRIVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 4 SORREL DRIVE, 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 SORREL DRIVE). 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 SORREL DRIVE?

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