2, BALMORAL GROVE, HUCKNALL, NOTTINGHAM, NG15 8ES - £227,500

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

2 BALMORAL GROVE is a very small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £243,545. It was last sold for £227,500 in March 2022, which was around 10% below the average March 2022 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

2 BALMORAL GROVE Sold Prices

Land registry data shows four sales for 2 BALMORAL 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 Ashfield local authority area for the corresponding sale date. Most of the four 2 BALMORAL 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 MAR	£227,500	£253,755	10% below HPI
2020 11 DEC	£221,500	£223,355	1% below HPI
2012 16 APR	£158,000	£141,172	12% above HPI
2006 12 MAY	£153,000	£154,703	1% below HPI

2 BALMORAL GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The four 2 BALMORAL GROVE sales between May 2006 and March 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 2020 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 BALMORAL GROVE be worth now?

2 BALMORAL GROVE might now be worth an estimated £243,545.

This is based on house price inflation of 7.1%, between March 2022 and December 2024, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% inflationary increase is applied to the most recent sale price for 2 BALMORAL GROVE of £227,500 on 25th March 2022. For the value to have increased from £227,500 to £243,545 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 2 BALMORAL GROVE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The March 2022 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BALMORAL GROVE has not materially changed since March 2022.

How Large is 2 BALMORAL GROVE?

2 BALMORAL GROVE is 81m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses houses in Hucknall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hucknall, and where 2 BALMORAL GROVE lies on this distribution: 17% of detached houses houses are smaller than 2 BALMORAL GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hucknall.

2 BALMORAL GROVE: Plot and Title Map

2 BALMORAL GROVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 2 BALMORAL 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 2 BALMORAL 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 2 BALMORAL GROVE?

2 BALMORAL GROVE is located in HUCKNALL, in the NG15 postcode district. The below map shows the position of No. 2 on BALMORAL GROVE.