7, THE GROVE, BICKNACRE, CHELMSFORD, CM3 4XB - £395,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 THE GROVE is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £395,000 in October 2023, which was around 41% below the average October 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

7 THE GROVE Sold Prices

Land registry data shows five sales for 7 THE GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 7 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
2023 31 OCT	£395,000	£663,873	41% below HPI
2003 11 NOV	£196,000	£304,652	36% below HPI
2002 6 DEC	£188,000	£277,642	32% below HPI
2000 24 JUL	£117,000	£186,211	37% below HPI
1998 18 DEC	£83,000	£144,235	42% below HPI

7 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The five 7 THE GROVE sales between December 1998 and October 2023 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 November 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 7 THE GROVE?

7 THE GROVE is 85m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 7 THE GROVE lies on this distribution: 17% of detached houses are smaller than 7 THE GROVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

7 THE GROVE: Plot and Title Map

7 THE GROVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 7 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 7 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.

Where is 7 THE GROVE?

7 THE GROVE is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 7 on THE GROVE.