11, THE GROVE, BICKNACRE, CHELMSFORD, CM3 4XB - £238,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 THE GROVE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £238,000 in May 2013, which was around 38% below the average May 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

11 THE GROVE Sold Prices

Land registry data shows three sales for 11 THE 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 Chelmsford local authority area for the corresponding sale date. All of the three 11 THE 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
2013 24 MAY	£238,000	£384,464	38% below HPI
2007 17 MAY	£230,000	£370,376	38% below HPI
1997 5 AUG	£85,000	£126,702	33% below HPI

11 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 11 THE GROVE sales between August 1997 and May 2013 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 May 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2013 sale, which was also at 38% below the HPI.

How Large is 11 THE GROVE?

11 THE GROVE is 76m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 11 THE GROVE lies on this distribution: 6% of detached houses are smaller than 11 THE GROVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

11 THE GROVE: Plot and Title Map

11 THE GROVE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 11 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 11 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 11 THE GROVE?

11 THE GROVE is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 11 on THE GROVE.