38, GROVE ROAD, KNOWLE, SOLIHULL, B93 0PJ - £770,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 GROVE ROAD is a very large extended detached house of 202m², built sometime between 2003 and 2006. It was last sold for £770,000 in July 2022, which was around 30% above the average July 2022 detached price in the Solihull local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

38 GROVE ROAD Sold Prices

Land registry data shows four sales for 38 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. two of the four 38 GROVE ROAD sales were for above the average price, and four 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
2022 29 JUL	£770,000	£591,967	30% above HPI
2014 12 DEC	£490,000	£391,992	25% above HPI
2005 31 JAN	£280,000	£324,338	14% below HPI
2004 14 OCT	£280,000	£321,488	13% below HPI

38 GROVE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The four 38 GROVE ROAD sales between October 2004 and July 2022 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 December 2014 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 38 GROVE ROAD?

38 GROVE ROAD is 202m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Knowle, based on EPC data. The below chart shows the distribution of detached houses by size in Knowle, and where 38 GROVE ROAD lies on this distribution: 89% of detached houses are smaller than 38 GROVE ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Knowle.

38 GROVE ROAD: Plot and Title Map

38 GROVE ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 38 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 38 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.

Where is 38 GROVE ROAD?

38 GROVE ROAD is located in KNOWLE, in the B93 postcode district. The below map shows the position of No. 38 on GROVE ROAD.