3, MCNEIL GROVE, DRAYCOTT, DERBY, DE72 3NE - £275,000

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 MCNEIL GROVE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £275,000 in August 2018, which was around 17% above the average August 2018 detached price in the Erewash local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

3 MCNEIL GROVE Sold Prices

Land registry data shows three sales for 3 MCNEIL 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. All of the three 3 MCNEIL 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 13 AUG	£275,000	£236,023	17% above HPI
2007 29 JAN	£238,000	£187,817	27% above HPI
2005 10 OCT	£235,000	£171,928	37% above HPI

3 MCNEIL 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 3 MCNEIL GROVE sales between October 2005 and August 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 January 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 MCNEIL GROVE?

3 MCNEIL GROVE is 94m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 3 MCNEIL GROVE lies on this distribution: 37% of detached houses are smaller than 3 MCNEIL GROVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Draycott.

3 MCNEIL GROVE: Plot and Title Map

3 MCNEIL GROVE sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of 3 MCNEIL 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 3 MCNEIL 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 3 MCNEIL GROVE?

3 MCNEIL GROVE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 3 on MCNEIL GROVE.