6, MCNEIL GROVE, DRAYCOTT, DERBY, DE72 3NE - £140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 MCNEIL GROVE is a very small extended detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £237,240. It was last sold for £140,000 in October 2006, which was around 26% below the average October 2006 detached price in the Erewash local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

6 MCNEIL GROVE Sold Prices

Land registry data shows two sales for 6 MCNEIL 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 Erewash local authority area for the corresponding sale date. Both of the two 6 MCNEIL 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
2006 16 OCT	£140,000	£188,250	26% below HPI
1996 11 OCT	£60,000	£63,324	5% below HPI

6 MCNEIL GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 6 MCNEIL GROVE sales from October 1996 and October 2006 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2006 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 6 MCNEIL GROVE be worth now?

6 MCNEIL GROVE might now be worth an estimated £237,240.

This is based on house price inflation of 69.5%, between October 2006 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.5% inflationary increase is applied to the most recent sale price for 6 MCNEIL GROVE of £140,000 on 16th October 2006. For the value to have increased from £140,000 to £237,240 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 MCNEIL GROVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2006 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MCNEIL GROVE has not materially changed since October 2006.

How Large is 6 MCNEIL GROVE?

6 MCNEIL GROVE is 67m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where 6 MCNEIL GROVE lies on this distribution: 6% of detached houses houses are smaller than 6 MCNEIL GROVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Draycott.

6 MCNEIL GROVE: Plot and Title Map

6 MCNEIL GROVE sits on a plot of roughly 0.755 of an acre, or 3,054m². The below map shows the location of 6 MCNEIL 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 6 MCNEIL 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 6 MCNEIL GROVE?

6 MCNEIL GROVE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 6 on MCNEIL GROVE.