1B, GROVE ROAD, TRING, HP23 5HA - £845,000

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

1B GROVE ROAD is a midsized detached house of 131m². It was last sold for £845,000 in November 2022, which was around 13% below the average November 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

1B GROVE ROAD Sold Prices

Land registry data shows two sales for 1B GROVE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 1B GROVE ROAD 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 3 NOV	£845,000	£967,166	13% below HPI
2015 18 DEC	£510,000	£758,595	33% below HPI

1B GROVE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The two 1B GROVE ROAD sales from December 2015 and November 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 December 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1B GROVE ROAD?

1B GROVE ROAD is 131m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Tring, based on EPC data. The below chart shows the distribution of detached houses by size in Tring, and where 1B GROVE ROAD lies on this distribution: 47% of detached houses are smaller than 1B GROVE ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Tring.

1B GROVE ROAD: Plot and Title Map

1B GROVE ROAD sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 1B GROVE ROAD, 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 1B GROVE ROAD). 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 1B GROVE ROAD?

1B GROVE ROAD is located in TRING, in the HP23 postcode district. The below map shows the position of No. 1B on GROVE ROAD.