8, GROVE AVENUE, BEESTON, NOTTINGHAM, NG9 4ED - £225,000

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

8 GROVE AVENUE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £225,000 in January 2014, which was around 15% above the average January 2014 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

8 GROVE AVENUE Sold Prices

Land registry data shows four sales for 8 GROVE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. two of the four 8 GROVE AVENUE 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
2014 31 JAN	£225,000	£194,978	15% above HPI
2009 26 AUG	£174,950	£180,457	3% below HPI
2000 1 SEP	£105,000	£94,390	11% above HPI
1996 24 JAN	£50,000	£68,784	27% below HPI

8 GROVE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 8 GROVE AVENUE sales between January 1996 and January 2014 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 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2014 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 8 GROVE AVENUE?

8 GROVE AVENUE is 82m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 8 GROVE AVENUE lies on this distribution: 18% of detached houses are smaller than 8 GROVE AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Beeston.

8 GROVE AVENUE: Plot and Title Map

8 GROVE AVENUE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 8 GROVE AVENUE, 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 8 GROVE AVENUE). 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 8 GROVE AVENUE?

8 GROVE AVENUE is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 8 on GROVE AVENUE.