31, THE GROVE, RANGEWORTHY, BRISTOL, BS37 7PY - £335,000

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.

31 THE GROVE is a very small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £416,533. It was last sold for £335,000 in August 2020, which was around 26% below the average August 2020 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

31 THE GROVE Sold Prices

Land registry data shows two sales for 31 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 South Gloucestershire local authority area for the corresponding sale date. One of the two 31 THE GROVE sales was for below the average price, whilst the other was roughly equal to 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
2020 17 AUG	£335,000	£451,452	26% below HPI
1998 5 JAN	£104,950	£105,245	Close to HPI

31 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two 31 THE GROVE sales from January 1998 and August 2020 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 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 31 THE GROVE be worth now?

31 THE GROVE might now be worth an estimated £416,533.

This is based on house price inflation of 24.3%, between August 2020 and May 2026, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.3% inflationary increase is applied to the most recent sale price for 31 THE GROVE of £335,000 on 17th August 2020. For the value to have increased from £335,000 to £416,533 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 31 THE GROVE has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The August 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 31 THE GROVE has not materially changed since August 2020.

How Large is 31 THE GROVE?

31 THE GROVE is 93m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses houses in Rangeworthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rangeworthy, and where 31 THE GROVE lies on this distribution: 6% of detached houses houses are smaller than 31 THE GROVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Rangeworthy.

31 THE GROVE: Plot and Title Map

31 THE GROVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 31 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 31 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 31 THE GROVE?

31 THE GROVE is located in RANGEWORTHY, in the BS37 postcode district. The below map shows the position of No. 31 on THE GROVE.