1, ELM GROVE, NAYLAND, COLCHESTER, CO6 4LL - £290,000

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 ELM GROVE is a very small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £315,658. It was last sold for £290,000 in September 2021, which was around 36% below the average September 2021 detached price in the Babergh local authority area. The most recent EPC inspection was August 2020, where the current energy rating was F, and the potential energy rating was C.

1 ELM GROVE Sold Prices

Land registry data shows three sales for 1 ELM 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 Babergh local authority area for the corresponding sale date. All of the three 1 ELM 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 27 SEP	£290,000	£449,725	36% below HPI
2001 17 DEC	£80,000	£168,709	53% below HPI
2000 18 AUG	£85,000	£137,423	38% below HPI

1 ELM GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 1 ELM GROVE sales between August 2000 and September 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 December 2001 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the September 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1 ELM GROVE be worth now?

1 ELM GROVE might now be worth an estimated £315,658.

This is based on house price inflation of 8.8%, between September 2021 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for 1 ELM GROVE of £290,000 on 27th September 2021. For the value to have increased from £290,000 to £315,658 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 ELM GROVE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The September 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELM GROVE has not materially changed since September 2021.

How Large is 1 ELM GROVE?

1 ELM GROVE is 83m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Nayland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nayland, and where 1 ELM GROVE lies on this distribution: 3% of detached houses houses are smaller than 1 ELM GROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Nayland.

1 ELM GROVE: Plot and Title Map

1 ELM GROVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 1 ELM 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 1 ELM 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 1 ELM GROVE?

1 ELM GROVE is located in NAYLAND, in the CO6 postcode district. The below map shows the position of No. 1 on ELM GROVE.