BINGLEY, COCKSHOT LANE, DORMSTON, WORCESTER, WR7 4LB - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BINGLEY is a small extended detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £497,164. It was last sold for £415,000 in July 2020, which was around 7% above the average July 2020 detached price in the Wychavon local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was A.

BINGLEY Sold Prices

Land registry data shows two sales for BINGLEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. One of the two BINGLEY sales was for above the average price, whilst the other was 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
2020 10 JUL	£415,000	£389,083	7% above HPI
2018 9 NOV	£300,000	£401,604	25% below HPI

BINGLEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two BINGLEY sales from November 2018 and July 2020 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 November 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might BINGLEY be worth now?

BINGLEY might now be worth an estimated £497,164.

This is based on house price inflation of 19.8%, between July 2020 and February 2025, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.8% inflationary increase is applied to the most recent sale price for BINGLEY of £415,000 on 10th July 2020. For the value to have increased from £415,000 to £497,164 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of BINGLEY has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The July 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of BINGLEY has not materially changed since July 2020.

How Large is BINGLEY?

BINGLEY is 118m², which includes four extensions, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses houses in Kington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kington, and where BINGLEY lies on this distribution: 33% of detached houses houses are smaller than BINGLEY, and 67% of houses are larger. Note that EPC data is not available for all properties in Kington.

BINGLEY: Plot and Title Map

BINGLEY sits on a plot of roughly 0.332 of an acre, or 1,345m². The below map shows the location of BINGLEY, 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 BINGLEY). 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 BINGLEY?

BINGLEY is located on COCKSHOT LANE in DORMSTON, in the WR7 postcode district. The below map shows the position of BINGLEY on COCKSHOT LANE.