1, THE GROVE, BREASTON, DERBY, DE72 3AE - £129,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE GROVE is a very small semi-detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £370,159. It was last sold for £129,950 in November 2002, which was around 75% above the average November 2002 semi-detached price in the Erewash local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

1 THE GROVE Sold Prices

Land registry data shows two sales for 1 THE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. Both of the two 1 THE GROVE sales were 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
2002 8 NOV	£129,950	£74,282	75% above HPI
1996 16 JUL	£47,500	£37,586	26% above HPI

1 THE GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The two 1 THE GROVE sales from July 1996 and November 2002 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 July 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2002 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 1 THE GROVE be worth now?

1 THE GROVE might now be worth an estimated £370,159.

This is based on house price inflation of 184.8%, between November 2002 and February 2025, for semi-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 184.8% inflationary increase is applied to the most recent sale price for 1 THE GROVE of £129,950 on 8th November 2002. For the value to have increased from £129,950 to £370,159 over the 23 years and nine months 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 Erewash local authority area.
• The November 2002 sale price of £129,950 represented a fair market value for the property.
• The size, condition, and specification of 1 THE GROVE has not materially changed since November 2002.

How Large is 1 THE GROVE?

1 THE GROVE is 75m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of semi-detached houses houses in Breaston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Breaston, and where 1 THE GROVE lies on this distribution: 11% of semi-detached houses houses are smaller than 1 THE GROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Breaston.

1 THE GROVE: Plot and Title Map

1 THE GROVE sits on a plot of roughly 0.068 of an acre, or 276m². 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 BREASTON, in the DE72 postcode district. The below map shows the position of No. 1 on THE GROVE.