1, THE GROVE, BICKNACRE, CHELMSFORD, CM3 4XB - £220,000

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 THE GROVE is a small extended semi-detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £410,708. It was last sold for £220,000 in February 2012, which was about the average February 2012 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

1 THE GROVE Sold Prices

Land registry data shows four sales for 1 THE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. The four 1 THE GROVE sales were a mix of roughly equal to the average price, and 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
2012 27 FEB	£220,000	£220,411	Close to HPI
2001 5 APR	£142,500	£113,915	25% above HPI
1997 29 AUG	£88,000	£73,202	20% above HPI
1996 30 AUG	£77,000	£63,095	22% above HPI

1 THE GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 1 THE GROVE sales between August 1996 and February 2012 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 April 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2012 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 THE GROVE be worth now?

1 THE GROVE might now be worth an estimated £410,708.

This is based on house price inflation of 86.7%, between February 2012 and February 2025, for semi-detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.7% inflationary increase is applied to the most recent sale price for 1 THE GROVE of £220,000 on 27th February 2012. For the value to have increased from £220,000 to £410,708 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 1 THE GROVE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The February 2012 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE GROVE has not materially changed since February 2012.

How Large is 1 THE GROVE?

1 THE GROVE is 90m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of semi-detached houses houses in Bicknacre, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bicknacre, and where 1 THE GROVE lies on this distribution: 22% of semi-detached houses houses are smaller than 1 THE GROVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

1 THE GROVE: Plot and Title Map

1 THE GROVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1 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 1 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 1 THE GROVE?

1 THE GROVE is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 1 on THE GROVE.