1, BAILEY GROVE ROAD, EASTWOOD, NOTTINGHAM, NG16 3PE - £123,000

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.

1 BAILEY GROVE ROAD is a large detached house of 113m², built sometime between 1900 and 1929, which could now be worth an estimated £231,646. It was last sold for £123,000 in February 2011, which was around 35% below the average February 2011 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2009, where the current energy rating was F, and the potential energy rating was E.

1 BAILEY GROVE ROAD Sold Prices

Land registry data shows three sales for 1 BAILEY GROVE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 1 BAILEY GROVE ROAD 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
2011 11 FEB	£123,000	£188,968	35% below HPI
2003 16 SEP	£123,000	£174,939	30% below HPI
2001 8 JUN	£73,950	£104,079	29% below HPI

1 BAILEY GROVE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 1 BAILEY GROVE ROAD sales between June 2001 and February 2011 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 September 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2011 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 1 BAILEY GROVE ROAD be worth now?

1 BAILEY GROVE ROAD might now be worth an estimated £231,646.

This is based on house price inflation of 88.3%, between February 2011 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 88.3% inflationary increase is applied to the most recent sale price for 1 BAILEY GROVE ROAD of £123,000 on 11th February 2011. For the value to have increased from £123,000 to £231,646 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 1 BAILEY GROVE ROAD has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The February 2011 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BAILEY GROVE ROAD has not materially changed since February 2011.

How Large is 1 BAILEY GROVE ROAD?

1 BAILEY GROVE ROAD is 113m² according to the EPC inspection conducted in November 2009. This puts it in the largest 30% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 1 BAILEY GROVE ROAD lies on this distribution: 75% of detached houses houses are smaller than 1 BAILEY GROVE ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

1 BAILEY GROVE ROAD: Plot and Title Map

1 BAILEY GROVE ROAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 1 BAILEY GROVE ROAD, 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 1 BAILEY GROVE ROAD). 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 1 BAILEY GROVE ROAD?

1 BAILEY GROVE ROAD is located in EASTWOOD, in the NG16 postcode district. The below map shows the position of No. 1 on BAILEY GROVE ROAD.