7, THE GROVE, RANGEWORTHY, BRISTOL, BS37 7PY - £370,000

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

7 THE GROVE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £370,000 in October 2023, which was around 32% below the average October 2023 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

7 THE GROVE Sold Prices

Land registry data shows six sales for 7 THE GROVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the six 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 27 OCT	£370,000	£546,281	32% below HPI
2019 12 FEB	£331,250	£450,580	26% below HPI
2010 30 JUN	£235,000	£295,439	20% below HPI
2004 30 NOV	£240,000	£272,294	12% below HPI
1995 20 DEC	£78,000	£90,302	14% below HPI
1995 27 OCT	£81,000	£91,652	12% below HPI

7 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The six 7 THE GROVE sales between October 1995 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 February 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 THE GROVE?

7 THE GROVE is 86m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses in Rangeworthy, based on EPC data. The below chart shows the distribution of detached houses by size in Rangeworthy, and where 7 THE GROVE lies on this distribution: 2% of detached houses are smaller than 7 THE GROVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rangeworthy.

7 THE GROVE: Plot and Title Map

7 THE GROVE sits on a plot of roughly 0.094 of an acre, or 380m². 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 RANGEWORTHY, in the BS37 postcode district. The below map shows the position of No. 7 on THE GROVE.