THE GROVE, CHALTON HEIGHTS, CHALTON, LUTON, LU4 9UF - £345,000

THE GROVE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £345,000 in March 2021, which was around 30% below the average March 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

THE GROVE Sold Prices

Land registry data shows three sales for THE 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 Central Bedfordshire local authority area for the corresponding sale date. All of the three 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
2021 31 MAR	£345,000	£494,175	30% below HPI
2004 16 JUL	£208,000	£280,861	26% below HPI
2001 12 OCT	£129,500	£203,027	36% below HPI

THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three THE GROVE sales between October 2001 and March 2021 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 July 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is THE GROVE?

THE GROVE is 83m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Chalton, based on EPC data. The below chart shows the distribution of detached houses by size in Chalton, and where THE GROVE lies on this distribution: 10% of detached houses are smaller than THE GROVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Chalton.

THE GROVE: Plot and Title Map

THE GROVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 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 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 THE GROVE?

THE GROVE is located on CHALTON HEIGHTS in CHALTON, in the LU4 postcode district. The below map shows the position of THE GROVE on CHALTON HEIGHTS.