1, GROVE ROAD, BINGHAM, NOTTINGHAM, NG13 8DY - £250,000

1 GROVE ROAD is a midsized extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £250,000 in March 2019, which was around 33% below the average March 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

1 GROVE ROAD Sold Prices

Land registry data shows five sales for 1 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the five 1 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 14 MAR	£250,000	£375,480	33% below HPI
2014 14 JAN	£124,500	£283,966	56% below HPI
2013 20 SEP	£184,500	£289,025	36% below HPI
2005 26 JUL	£191,500	£257,855	26% below HPI
2000 28 APR	£84,000	£133,550	37% below HPI

1 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 five 1 GROVE ROAD sales between April 2000 and March 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 January 2014 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the March 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 GROVE ROAD?

1 GROVE ROAD is 107m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 50% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 1 GROVE ROAD lies on this distribution: 44% of detached houses are smaller than 1 GROVE ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Bingham.

1 GROVE ROAD: Plot and Title Map

1 GROVE ROAD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 1 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 1 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 1 GROVE ROAD?

1 GROVE ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 1 on GROVE ROAD.