Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
15 THE GROVE is a small extended detached house of 108m², built sometime between 1991 and 1995. It was last sold for £412,250 in February 2022, which was around 20% below the average February 2022 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 15 THE GROVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the four 15 THE 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 25 FEB | £412,250 | £515,129 | 20% below HPI |
2016 22 JAN | £312,000 | £379,850 | 18% below HPI |
2010 26 FEB | £245,000 | £283,064 | 13% below HPI |
2000 17 MAR | £129,500 | £142,884 | 9% below HPI |
The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The four 15 THE GROVE sales between March 2000 and February 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 January 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
15 THE GROVE is 108m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Rangeworthy, based on EPC data. The below chart shows the distribution of detached houses by size in Rangeworthy, and where 15 THE GROVE lies on this distribution: 22% of detached houses are smaller than 15 THE GROVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Rangeworthy.
15 THE GROVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 15 THE 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 15 THE 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.
15 THE GROVE is located in RANGEWORTHY, in the BS37 postcode district. The below map shows the position of No. 15 on THE GROVE.