1, MCNEIL GROVE, DRAYCOTT, DERBY, DE72 3NE - £239,950

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 MCNEIL GROVE is a very small extended detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £386,130. It was last sold for £239,950 in September 2014, which was around 21% above the average September 2014 detached price in the Erewash local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

1 MCNEIL GROVE Sold Prices

Land registry data shows two sales for 1 MCNEIL 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 Erewash local authority area for the corresponding sale date. One of the two 1 MCNEIL GROVE sales was for above the average price, whilst the other was 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
2014 4 SEP	£239,950	£198,236	21% above HPI
2002 16 SEP	£120,000	£121,242	1% below HPI

1 MCNEIL GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 1 MCNEIL GROVE sales from September 2002 and September 2014 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 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2014 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 1 MCNEIL GROVE be worth now?

1 MCNEIL GROVE might now be worth an estimated £386,130.

This is based on house price inflation of 60.9%, between September 2014 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.9% inflationary increase is applied to the most recent sale price for 1 MCNEIL GROVE of £239,950 on 4th September 2014. For the value to have increased from £239,950 to £386,130 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 MCNEIL GROVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2014 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 1 MCNEIL GROVE has not materially changed since September 2014.

How Large is 1 MCNEIL GROVE?

1 MCNEIL GROVE is 84m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where 1 MCNEIL GROVE lies on this distribution: 17% of detached houses houses are smaller than 1 MCNEIL GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Draycott.

1 MCNEIL GROVE: Plot and Title Map

1 MCNEIL GROVE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 1 MCNEIL 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 MCNEIL 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 MCNEIL GROVE?

1 MCNEIL GROVE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 1 on MCNEIL GROVE.