1, GROVE MEWS, EASTWOOD, NOTTINGHAM, NG16 3HJ - £230,000

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 GROVE MEWS is a very large detached house of 127m², built sometime between 2003 and 2006, which could now be worth an estimated £323,248. It was last sold for £230,000 in July 2018, which was around 11% below the average July 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

1 GROVE MEWS Sold Prices

Land registry data shows two sales for 1 GROVE MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. One of the two 1 GROVE MEWS 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 27 JUL	£230,000	£257,047	11% below HPI
2001 12 OCT	£132,500	£115,370	15% above HPI

1 GROVE MEWS 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 two 1 GROVE MEWS sales from October 2001 and July 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 October 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 GROVE MEWS be worth now?

1 GROVE MEWS might now be worth an estimated £323,248.

This is based on house price inflation of 40.5%, between July 2018 and March 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 40.5% inflationary increase is applied to the most recent sale price for 1 GROVE MEWS of £230,000 on 27th July 2018. For the value to have increased from £230,000 to £323,248 over the seven years and four months to March 2025, the following assumptions must hold true:

• The value of 1 GROVE MEWS has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GROVE MEWS has not materially changed since July 2018.

How Large is 1 GROVE MEWS?

1 GROVE MEWS is 127m² according to the EPC inspection conducted in November 2016. This puts it in the largest 20% 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 GROVE MEWS lies on this distribution: 85% of detached houses houses are smaller than 1 GROVE MEWS, and 14% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

1 GROVE MEWS: Plot and Title Map

1 GROVE MEWS sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 1 GROVE MEWS, 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 GROVE MEWS). 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 GROVE MEWS?

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