THE GROVE, HIGH ROAD, FOBBING, STANFORD-LE-HOPE, SS17 9JF - £500,000

THE GROVE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £500,000 in June 2018, which was around 1% below the average June 2018 detached price in the Thurrock local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was A.

THE GROVE Sold Prices

Land registry data shows two sales for 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 Thurrock local authority area for the corresponding sale date. One of the two THE GROVE sales was for below the average price, whilst the other was 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
2018 15 JUN	£500,000	£505,128	1% below HPI
2000 15 MAR	£179,995	£141,107	28% above HPI

THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The two THE GROVE sales from March 2000 and June 2018 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 2000 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is THE GROVE?

THE GROVE is 86m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Fobbing, based on EPC data. The below chart shows the distribution of detached houses by size in Fobbing, and where THE GROVE lies on this distribution: 5% of detached houses are smaller than THE GROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Fobbing.

THE GROVE: Plot and Title Map

THE GROVE sits on a plot of roughly 0.205 of an acre, or 828m². 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 HIGH ROAD in FOBBING, in the SS17 postcode district. The below map shows the position of THE GROVE on HIGH ROAD.