2, SOVEREIGN GROVE, LONG EATON, NOTTINGHAM, NG10 3QL - £230,000

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 SOVEREIGN GROVE is a very small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £302,038. It was last sold for £230,000 in September 2018, which was around 6% below the average September 2018 detached price in the Erewash local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

2 SOVEREIGN GROVE Sold Prices

Land registry data shows four sales for 2 SOVEREIGN 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 Erewash local authority area for the corresponding sale date. Most of the four 2 SOVEREIGN 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
2018 7 SEP	£230,000	£245,552	6% below HPI
2000 8 MAY	£87,000	£79,360	10% above HPI
1998 1 MAY	£72,000	£70,489	2% above HPI
1998 30 JAN	£77,000	£67,930	13% above HPI

2 SOVEREIGN GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 2 SOVEREIGN GROVE sales between January 1998 and September 2018 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 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 SOVEREIGN GROVE be worth now?

2 SOVEREIGN GROVE might now be worth an estimated £302,038.

This is based on house price inflation of 31.3%, between September 2018 and December 2024, for 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 31.3% inflationary increase is applied to the most recent sale price for 2 SOVEREIGN GROVE of £230,000 on 7th September 2018. For the value to have increased from £230,000 to £302,038 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 SOVEREIGN GROVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOVEREIGN GROVE has not materially changed since September 2018.

How Large is 2 SOVEREIGN GROVE?

2 SOVEREIGN GROVE is 79m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Eaton, and where 2 SOVEREIGN GROVE lies on this distribution: 17% of detached houses houses are smaller than 2 SOVEREIGN GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

2 SOVEREIGN GROVE: Plot and Title Map

2 SOVEREIGN GROVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 2 SOVEREIGN 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 SOVEREIGN 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 SOVEREIGN GROVE?

2 SOVEREIGN GROVE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 2 on SOVEREIGN GROVE.