4, WELBECK GROVE, BINGHAM, NOTTINGHAM, NG13 8RF - £235,000

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 WELBECK GROVE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £235,000 in February 2022, which was around 47% below the average February 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

4 WELBECK GROVE Sold Prices

Land registry data shows three sales for 4 WELBECK 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 WELBECK 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
2022 11 FEB	£235,000	£447,166	47% below HPI
2019 22 FEB	£185,000	£372,765	50% below HPI
2006 11 AUG	£135,000	£275,455	51% below HPI

4 WELBECK 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 WELBECK GROVE sales between August 2006 and February 2022 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 February 2019 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 4 WELBECK GROVE?

4 WELBECK GROVE is 56m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% 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 WELBECK GROVE lies on this distribution: 3% of detached houses are smaller than 4 WELBECK GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bingham.

4 WELBECK GROVE: Plot and Title Map

4 WELBECK GROVE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 4 WELBECK 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 WELBECK 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 WELBECK GROVE?

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