40A, ROCKINGHAM GROVE, BINGHAM, NOTTINGHAM, NG13 8RY - £270,000

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.

40A ROCKINGHAM GROVE is a small detached house of 94m², built in 2021, which could now be worth an estimated £302,032. It was last sold for £270,000 in February 2022, which was around 40% below the average February 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

40A ROCKINGHAM GROVE Sold Prices

Land registry data shows two sales for 40A ROCKINGHAM GROVE 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 40A ROCKINGHAM 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 18 FEB	£270,000	£447,187	40% below HPI
2019 25 OCT	£85,000	£378,599	78% below HPI

40A ROCKINGHAM 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 two 40A ROCKINGHAM GROVE sales from October 2019 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 October 2019 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the February 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 40A ROCKINGHAM GROVE be worth now?

40A ROCKINGHAM GROVE might now be worth an estimated £302,032.

This is based on house price inflation of 11.9%, between February 2022 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 11.9% inflationary increase is applied to the most recent sale price for 40A ROCKINGHAM GROVE of £270,000 on 18th February 2022. For the value to have increased from £270,000 to £302,032 over the three years to February 2025, the following assumptions must hold true:

• The value of 40A ROCKINGHAM GROVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The February 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 40A ROCKINGHAM GROVE has not materially changed since February 2022.

How Large is 40A ROCKINGHAM GROVE?

40A ROCKINGHAM GROVE is 94m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% 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 40A ROCKINGHAM GROVE lies on this distribution: 28% of detached houses houses are smaller than 40A ROCKINGHAM GROVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Bingham.

40A ROCKINGHAM GROVE: Plot and Title Map

40A ROCKINGHAM GROVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 40A ROCKINGHAM 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 40A ROCKINGHAM 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 40A ROCKINGHAM GROVE?

40A ROCKINGHAM GROVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 40A on ROCKINGHAM GROVE.