8, GROVE ROAD, BINGHAM, NOTTINGHAM, NG13 8DY - £260,000

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

8 GROVE ROAD is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £260,000 in September 2019, which was around 31% below the average September 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

8 GROVE ROAD Sold Prices

Land registry data shows four sales for 8 GROVE ROAD 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 8 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
2019 6 SEP	£260,000	£376,583	31% below HPI
2019 22 AUG	£250,000	£382,301	35% below HPI
2014 21 AUG	£208,000	£294,777	29% below HPI
2000 24 AUG	£91,000	£134,488	32% below HPI

8 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 four 8 GROVE ROAD sales between August 2000 and September 2019 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 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 GROVE ROAD?

8 GROVE ROAD is 93m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 8 GROVE ROAD lies on this distribution: 27% of detached houses are smaller than 8 GROVE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Bingham.

8 GROVE ROAD: Plot and Title Map

8 GROVE ROAD sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 8 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 8 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 8 GROVE ROAD?

8 GROVE ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 8 on GROVE ROAD.