5, BALMORAL ROAD, BINGHAM, NOTTINGHAM, NG13 8SG - £159,950

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

5 BALMORAL ROAD is a very small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £159,950 in February 2004, which was around 33% below the average February 2004 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

5 BALMORAL ROAD Sold Prices

Land registry data shows two sales for 5 BALMORAL 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 5 BALMORAL 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
2004 18 FEB	£159,950	£237,800	33% below HPI
1997 19 SEP	£59,000	£102,333	42% below HPI

5 BALMORAL 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 5 BALMORAL ROAD sales from September 1997 and February 2004 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 1997 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2004 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 BALMORAL ROAD?

5 BALMORAL ROAD is 87m², which includes three extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 5 BALMORAL ROAD lies on this distribution: 19% of detached houses are smaller than 5 BALMORAL ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Bingham.

5 BALMORAL ROAD: Plot and Title Map

5 BALMORAL ROAD sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 5 BALMORAL 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 5 BALMORAL 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 5 BALMORAL ROAD?

5 BALMORAL ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 5 on BALMORAL ROAD.