2, THE GROVE, BRENTWOOD, CM14 5NS - £425,000

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.

2 THE GROVE is a very small detached house of 61m², built sometime between 1930 and 1949, which could now be worth an estimated £490,385. It was last sold for £425,000 in July 2018, which was around 48% below the average July 2018 detached price in the Brentwood local authority area. The most recent EPC inspection was May 2017, where the current energy rating was F, and the potential energy rating was C.

2 THE GROVE Sold Prices

Land registry data shows four sales for 2 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 Brentwood local authority area for the corresponding sale date. All of the four 2 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
2018 27 JUL	£425,000	£820,548	48% below HPI
2017 1 DEC	£400,000	£831,669	52% below HPI
2002 26 JUL	£168,000	£347,939	52% below HPI
2000 10 NOV	£133,000	£282,085	53% below HPI

2 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The four 2 THE GROVE sales between November 2000 and July 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 December 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2018 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 2 THE GROVE be worth now?

2 THE GROVE might now be worth an estimated £490,385.

This is based on house price inflation of 15.4%, between July 2018 and February 2025, for detached houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.4% inflationary increase is applied to the most recent sale price for 2 THE GROVE of £425,000 on 27th July 2018. For the value to have increased from £425,000 to £490,385 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 THE GROVE has moved in line with the HPI for detached houses in the Brentwood local authority area.
• The July 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE GROVE has not materially changed since July 2018.

How Large is 2 THE GROVE?

2 THE GROVE is 61m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brentwood, and where 2 THE GROVE lies on this distribution: 1% of detached houses houses are smaller than 2 THE GROVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

2 THE GROVE: Plot and Title Map

2 THE GROVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 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 2 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 2 THE GROVE?

2 THE GROVE is located in BRENTWOOD, in the CM14 postcode district. The below map shows the position of No. 2 on THE GROVE.