42, GROVE ROAD, BINGHAM, NOTTINGHAM, NG13 8DY - £350,000

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

42 GROVE ROAD is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £350,000 in August 2022, which was around 25% below the average August 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

42 GROVE ROAD Sold Prices

Land registry data shows two sales for 42 GROVE 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 42 GROVE 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
2022 22 AUG	£350,000	£466,070	25% below HPI
2021 23 SEP	£240,000	£410,499	42% below HPI

42 GROVE 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 42 GROVE ROAD sales from September 2021 and August 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 September 2021 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 42 GROVE ROAD?

42 GROVE ROAD is 112m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 42 GROVE ROAD lies on this distribution: 46% of detached houses are smaller than 42 GROVE ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Bingham.

42 GROVE ROAD: Plot and Title Map

42 GROVE ROAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 42 GROVE 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 42 GROVE 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 42 GROVE ROAD?

42 GROVE ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 42 on GROVE ROAD.