1, NEWSTEAD GROVE, BINGHAM, NOTTINGHAM, NG13 8RJ - £260,000

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.

1 NEWSTEAD GROVE is a midsized extended detached house of 116m², built sometime between 1976 and 1982, which could now be worth an estimated £268,197. It was last sold for £260,000 in October 2022, which was around 45% below the average October 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

1 NEWSTEAD GROVE Sold Prices

Land registry data shows three sales for 1 NEWSTEAD GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 1 NEWSTEAD GROVE 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
2022 19 OCT	£260,000	£469,941	45% below HPI
2002 22 AUG	£145,000	£189,730	24% below HPI
1997 28 FEB	£65,000	£96,322	33% below HPI

1 NEWSTEAD GROVE 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 three 1 NEWSTEAD GROVE sales between February 1997 and October 2022 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 1 NEWSTEAD GROVE be worth now?

1 NEWSTEAD GROVE might now be worth an estimated £268,197.

This is based on house price inflation of 3.2%, between October 2022 and June 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 1 NEWSTEAD GROVE of £260,000 on 19th October 2022. For the value to have increased from £260,000 to £268,197 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 1 NEWSTEAD GROVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The October 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NEWSTEAD GROVE has not materially changed since October 2022.

How Large is 1 NEWSTEAD GROVE?

1 NEWSTEAD GROVE is 116m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingham, and where 1 NEWSTEAD GROVE lies on this distribution: 49% of detached houses houses are smaller than 1 NEWSTEAD GROVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Bingham.

1 NEWSTEAD GROVE: Plot and Title Map

1 NEWSTEAD GROVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 1 NEWSTEAD GROVE, 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 NEWSTEAD GROVE). 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 NEWSTEAD GROVE?

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