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
61 THE GROVE is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £212,500 in May 2017, which was around 23% below the average May 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 61 THE GROVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 61 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 |
---|---|---|---|
2017 12 MAY | £212,500 | £276,172 | 23% below HPI |
2013 6 AUG | £144,000 | £231,014 | 38% below HPI |
2011 22 DEC | £180,000 | £220,954 | 19% below HPI |
2005 29 APR | £144,000 | £207,783 | 31% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 61 THE GROVE sales between April 2005 and May 2017 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 August 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
61 THE GROVE is 91m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 61 THE GROVE lies on this distribution: 22% of detached houses are smaller than 61 THE GROVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.
61 THE GROVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 61 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 61 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.
61 THE GROVE is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 61 on THE GROVE.