30, THE GROVE, BICKNACRE, CHELMSFORD, CM3 4XB - £403,000

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

30 THE GROVE is a small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £441,485. It was last sold for £403,000 in February 2021, which was around 34% below the average February 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

30 THE GROVE Sold Prices

Land registry data shows four sales for 30 THE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 30 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
2021 18 FEB	£403,000	£609,544	34% below HPI
2016 28 SEP	£320,000	£546,057	41% below HPI
2006 9 JUN	£210,000	£340,507	38% below HPI
1995 28 FEB	£82,500	£107,907	24% below HPI

30 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 30 THE GROVE sales between February 1995 and February 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 September 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 30 THE GROVE be worth now?

30 THE GROVE might now be worth an estimated £441,485.

This is based on house price inflation of 9.5%, between February 2021 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.5% inflationary increase is applied to the most recent sale price for 30 THE GROVE of £403,000 on 18th February 2021. For the value to have increased from £403,000 to £441,485 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 30 THE GROVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2021 sale price of £403,000 represented a fair market value for the property.
• The size, condition, and specification of 30 THE GROVE has not materially changed since February 2021.

How Large is 30 THE GROVE?

30 THE GROVE is 100m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicknacre, and where 30 THE GROVE lies on this distribution: 31% of detached houses houses are smaller than 30 THE GROVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

30 THE GROVE: Plot and Title Map

30 THE GROVE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 30 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 30 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 30 THE GROVE?

30 THE GROVE is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 30 on THE GROVE.