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
31 GROVE ROAD is a large extended detached house of 130m², built sometime between 1976 and 1982. It was last sold for £440,000 in June 2018, which was around 32% above the average June 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 31 GROVE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the three 31 GROVE ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2018 12 JUN | £440,000 | £334,202 | 32% above HPI |
2016 10 OCT | £267,500 | £310,529 | 14% below HPI |
2013 3 SEP | £235,000 | £246,373 | 5% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 31 GROVE ROAD sales between September 2013 and June 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 October 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2018 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.
31 GROVE ROAD is 130m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 31 GROVE ROAD lies on this distribution: 72% of detached houses are smaller than 31 GROVE ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Hethersett.
31 GROVE ROAD sits on a plot of roughly 0.280 of an acre, or 1,135m². The below map shows the location of 31 GROVE ROAD, 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 31 GROVE ROAD). 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.
31 GROVE ROAD is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 31 on GROVE ROAD.