2, THE GROVE, MICKLEOVER, DERBY, DE3 9BP - £262,500

2 THE GROVE is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £262,500 in October 2016, which was around 17% above the average October 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 THE GROVE Sold Prices

Land registry data shows two sales for 2 THE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 2 THE GROVE sales were for above 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
2016 11 OCT	£262,500	£224,484	17% above HPI
2002 16 AUG	£146,000	£117,263	25% above HPI

2 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 2 THE GROVE sales from August 2002 and October 2016 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 THE GROVE?

2 THE GROVE is 90m², which includes three extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2 THE GROVE lies on this distribution: 32% of detached houses are smaller than 2 THE GROVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 THE GROVE: Plot and Title Map

2 THE GROVE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 2 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 2 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.

Where is 2 THE GROVE?

2 THE GROVE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 2 on THE GROVE.