2A, THE GROVE, BREASTON, DERBY, DE72 3AE - £405,000

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

2A THE GROVE is a midsized extended detached house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £402,495. It was last sold for £405,000 in July 2023, which was around 25% above the average July 2023 detached price in the Erewash local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

2A THE GROVE Sold Prices

Land registry data shows three sales for 2A THE GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Two of the three 2A THE GROVE sales were for above the average price, whilst one was 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
2023 17 JUL	£405,000	£324,468	25% above HPI
2004 30 SEP	£197,500	£178,024	11% above HPI
2000 10 MAY	£75,000	£79,360	5% below HPI

2A THE 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 three 2A THE GROVE sales between May 2000 and July 2023 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 September 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2A THE GROVE be worth now?

2A THE GROVE might now be worth an estimated £402,495.

This is based on house price deflation of 0.6%, between July 2023 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 0.6% deflationary decrease is applied to the most recent sale price for 2A THE GROVE of £405,000 on 17th July 2023. For the value to have decreased from £405,000 to £402,495 over the seven months to December 2024, the following assumptions must hold true:

• The value of 2A THE GROVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The July 2023 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 2A THE GROVE has not materially changed since July 2023.

How Large is 2A THE GROVE?

2A THE GROVE is 123m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses houses in Breaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Breaston, and where 2A THE GROVE lies on this distribution: 58% of detached houses houses are smaller than 2A THE GROVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Breaston.

2A THE GROVE: Plot and Title Map

2A THE GROVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 2A 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 2A 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 2A THE GROVE?

2A THE GROVE is located in BREASTON, in the DE72 postcode district. The below map shows the position of No. 2A on THE GROVE.