3, THE GROVE, CALVERTON, NOTTINGHAM, NG14 6PG - £260,000

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

3 THE GROVE is a very small extended detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £357,503. It was last sold for £260,000 in September 2019, which was around 4% below the average September 2019 detached price in the Gedling local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

3 THE GROVE Sold Prices

Land registry data shows two sales for 3 THE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 3 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
2019 20 SEP	£260,000	£271,946	4% below HPI
2013 11 OCT	£155,000	£191,908	19% below HPI

3 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 3 THE GROVE sales from October 2013 and September 2019 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 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 THE GROVE be worth now?

3 THE GROVE might now be worth an estimated £357,503.

This is based on house price inflation of 37.5%, between September 2019 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.5% inflationary increase is applied to the most recent sale price for 3 THE GROVE of £260,000 on 20th September 2019. For the value to have increased from £260,000 to £357,503 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 THE GROVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The September 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE GROVE has not materially changed since September 2019.

How Large is 3 THE GROVE?

3 THE GROVE is 73m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Calverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Calverton, and where 3 THE GROVE lies on this distribution: 14% of detached houses houses are smaller than 3 THE GROVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Calverton.

3 THE GROVE: Plot and Title Map

3 THE GROVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 3 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 3 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 3 THE GROVE?

3 THE GROVE is located in CALVERTON, in the NG14 postcode district. The below map shows the position of No. 3 on THE GROVE.