5, NEWGATE STREET, BINGHAM, NOTTINGHAM, NG13 8FD - £170,000

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 NEWGATE STREET is a very small extended detached house of 67m², built sometime before 1900. It was last sold for £170,000 in May 2014, which was around 41% below the average May 2014 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was B.

5 NEWGATE STREET Sold Prices

Land registry data shows two sales for 5 NEWGATE STREET 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 NEWGATE STREET 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
2014 23 MAY	£170,000	£286,436	41% below HPI
2009 17 JUL	£125,000	£250,372	50% below HPI

5 NEWGATE STREET 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 NEWGATE STREET sales from July 2009 and May 2014 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 July 2009 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2014 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 5 NEWGATE STREET?

5 NEWGATE STREET is 67m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% 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 NEWGATE STREET lies on this distribution: 7% of detached houses are smaller than 5 NEWGATE STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Bingham.

5 NEWGATE STREET: Plot and Title Map

5 NEWGATE STREET sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 5 NEWGATE STREET, 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 NEWGATE STREET). 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 NEWGATE STREET?

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