47, FOREST ROAD, BINGHAM, NOTTINGHAM, NG13 8RL - £288,500

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

47 FOREST ROAD is a midsized detached house of 106m², built sometime between 1967 and 1975. It was last sold for £288,500 in March 2021, which was around 31% below the average March 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

47 FOREST ROAD Sold Prices

Land registry data shows two sales for 47 FOREST 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 47 FOREST 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
2021 5 MAR	£288,500	£417,162	31% below HPI
2013 27 SEP	£183,000	£289,025	37% below HPI

47 FOREST 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 47 FOREST ROAD sales from September 2013 and March 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 September 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 47 FOREST ROAD?

47 FOREST ROAD is 106m² according to the EPC inspection conducted in July 2013. 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 47 FOREST ROAD lies on this distribution: 41% of detached houses are smaller than 47 FOREST ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Bingham.

47 FOREST ROAD: Plot and Title Map

47 FOREST ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 47 FOREST 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 47 FOREST 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 47 FOREST ROAD?

47 FOREST ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 47 on FOREST ROAD.