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 very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £270,000 in August 2013, which was around 3% above the average August 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 31 GROVE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 31 GROVE ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2013 23 AUG | £270,000 | £263,207 | 3% above HPI |
1996 11 OCT | £49,000 | £76,638 | 36% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 31 GROVE ROAD sales from October 1996 and August 2013 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 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2013 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
31 GROVE ROAD is 75m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where 31 GROVE ROAD lies on this distribution: 7% of detached houses are smaller than 31 GROVE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.
31 GROVE ROAD sits on a plot of roughly 0.172 of an acre, or 695m². 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 WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 31 on GROVE ROAD.