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
25 THE GROVE is a very small extended detached house of 65m², built sometime between 1983 and 1990. It was last sold for £357,000 in May 2022, which was around 33% below the average May 2022 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 25 THE GROVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the three 25 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 MAY | £357,000 | £530,951 | 33% below HPI |
2016 31 MAR | £250,000 | £391,070 | 36% below HPI |
2003 19 SEP | £178,000 | £245,308 | 27% 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 three 25 THE GROVE sales between September 2003 and May 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 March 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
25 THE GROVE is 65m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Rangeworthy, based on EPC data. The below chart shows the distribution of detached houses by size in Rangeworthy, and where 25 THE GROVE lies on this distribution: Less than 1% of detached houses are smaller than 25 THE GROVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Rangeworthy.
25 THE GROVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 25 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 25 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.
25 THE GROVE is located in RANGEWORTHY, in the BS37 postcode district. The below map shows the position of No. 25 on THE GROVE.