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
3 GROVE ROAD SOUTH is a very large extended detached house of 187m², built sometime between 1930 and 1949. It was last sold for £750,000 in September 2021, which was around 63% above the average September 2021 detached price in the Portsmouth local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 3 GROVE ROAD SOUTH since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. All of the six 3 GROVE ROAD SOUTH 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 |
---|---|---|---|
2021 10 SEP | £750,000 | £459,038 | 63% above HPI |
2017 10 AUG | £700,000 | £401,307 | 74% above HPI |
2012 19 APR | £485,000 | £281,050 | 73% above HPI |
2010 15 SEP | £415,000 | £293,879 | 41% above HPI |
2009 30 SEP | £425,000 | £275,025 | 55% above HPI |
2002 20 DEC | £320,000 | £234,941 | 36% above HPI |
The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The six 3 GROVE ROAD SOUTH sales between December 2002 and September 2021 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 August 2017 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the September 2021 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.
3 GROVE ROAD SOUTH is 187m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 20% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 3 GROVE ROAD SOUTH lies on this distribution: 86% of detached houses are smaller than 3 GROVE ROAD SOUTH, and 14% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.
3 GROVE ROAD SOUTH sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 3 GROVE ROAD SOUTH, 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 3 GROVE ROAD SOUTH). 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.
3 GROVE ROAD SOUTH is located in SOUTHSEA, in the PO5 postcode district. The below map shows the position of No. 3 on GROVE ROAD SOUTH.