5, KESTREL DRIVE, BINGHAM, NOTTINGHAM, NG13 8QD - £175,000

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

5 KESTREL DRIVE is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £175,000 in September 2021, which was around 57% below the average September 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

5 KESTREL DRIVE Sold Prices

Land registry data shows four sales for 5 KESTREL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 5 KESTREL DRIVE 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 24 SEP	£175,000	£410,499	57% below HPI
2002 2 AUG	£169,950	£189,721	10% below HPI
2001 6 DEC	£154,950	£165,862	7% below HPI
2000 4 AUG	£120,000	£134,488	11% below HPI

5 KESTREL DRIVE 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 four 5 KESTREL DRIVE sales between August 2000 and September 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 August 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2021 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 5 KESTREL DRIVE?

5 KESTREL DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% 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 KESTREL DRIVE lies on this distribution: 38% of detached houses are smaller than 5 KESTREL DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bingham.

5 KESTREL DRIVE: Plot and Title Map

5 KESTREL DRIVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 5 KESTREL DRIVE, 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 KESTREL DRIVE). 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 KESTREL DRIVE?

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