15, THE GROVE, RANGEWORTHY, BRISTOL, BS37 7PY - £412,250

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.

15 THE GROVE is a small extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £459,875. It was last sold for £412,250 in February 2022, which was around 18% below the average February 2022 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

15 THE GROVE Sold Prices

Land registry data shows four sales for 15 THE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the four 15 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
2022 25 FEB	£412,250	£504,992	18% below HPI
2016 22 JAN	£312,000	£374,111	17% below HPI
2010 26 FEB	£245,000	£278,788	12% below HPI
2000 17 MAR	£129,500	£140,725	8% below HPI

15 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The four 15 THE GROVE sales between March 2000 and February 2022 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 January 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 15 THE GROVE be worth now?

15 THE GROVE might now be worth an estimated £459,875.

This is based on house price inflation of 11.6%, between February 2022 and February 2025, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.6% inflationary increase is applied to the most recent sale price for 15 THE GROVE of £412,250 on 25th February 2022. For the value to have increased from £412,250 to £459,875 over the three years to February 2025, the following assumptions must hold true:

• The value of 15 THE GROVE has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The February 2022 sale price of £412,250 represented a fair market value for the property.
• The size, condition, and specification of 15 THE GROVE has not materially changed since February 2022.

How Large is 15 THE GROVE?

15 THE GROVE is 108m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses houses in Rangeworthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rangeworthy, and where 15 THE GROVE lies on this distribution: 21% of detached houses houses are smaller than 15 THE GROVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Rangeworthy.

15 THE GROVE: Plot and Title Map

15 THE GROVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 15 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 15 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 15 THE GROVE?

15 THE GROVE is located in RANGEWORTHY, in the BS37 postcode district. The below map shows the position of No. 15 on THE GROVE.