3, GROVE WAY, BURY, HUNTINGDON, PE26 2LS - £295,000

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.

3 GROVE WAY is a very small detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £325,424. It was last sold for £295,000 in September 2021, which was around 31% below the average September 2021 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

3 GROVE WAY Sold Prices

Land registry data shows four sales for 3 GROVE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. All of the four 3 GROVE WAY 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
2021 1 SEP	£295,000	£430,465	31% below HPI
2015 9 OCT	£192,500	£338,127	43% below HPI
2002 31 OCT	£145,000	£190,513	24% below HPI
1999 13 AUG	£70,000	£115,218	39% below HPI

3 GROVE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The four 3 GROVE WAY sales between August 1999 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 October 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 GROVE WAY be worth now?

3 GROVE WAY might now be worth an estimated £325,424.

This is based on house price inflation of 10.3%, between September 2021 and February 2025, for detached houses, in the Huntingdonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.3% inflationary increase is applied to the most recent sale price for 3 GROVE WAY of £295,000 on 1st September 2021. For the value to have increased from £295,000 to £325,424 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 GROVE WAY has moved in line with the HPI for detached houses in the Huntingdonshire local authority area.
• The September 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GROVE WAY has not materially changed since September 2021.

How Large is 3 GROVE WAY?

3 GROVE WAY is 81m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 3 GROVE WAY lies on this distribution: 6% of detached houses houses are smaller than 3 GROVE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Bury.

3 GROVE WAY: Plot and Title Map

3 GROVE WAY sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 3 GROVE WAY, 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 WAY). 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 3 GROVE WAY?

3 GROVE WAY is located in BURY, in the PE26 postcode district. The below map shows the position of No. 3 on GROVE WAY.