GROVE HOUSE, MAIN ROAD, BICKNACRE, CHELMSFORD, CM3 4HA - £380,000

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.

GROVE HOUSE is a midsized detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £627,722. It was last sold for £380,000 in November 2013, which was around 6% below the average November 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

GROVE HOUSE Sold Prices

Land registry data shows three sales for GROVE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. One of the three GROVE HOUSE sales was for below the average price, whilst two were for above 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
2013 1 NOV	£380,000	£402,870	6% below HPI
2004 22 APR	£340,000	£313,817	8% above HPI
1997 25 JUL	£145,000	£125,078	16% above HPI

GROVE HOUSE 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 three GROVE HOUSE sales between July 1997 and November 2013 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 April 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might GROVE HOUSE be worth now?

GROVE HOUSE might now be worth an estimated £627,722.

This is based on house price inflation of 65.2%, between November 2013 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.2% inflationary increase is applied to the most recent sale price for GROVE HOUSE of £380,000 on 1st November 2013. For the value to have increased from £380,000 to £627,722 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of GROVE HOUSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2013 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of GROVE HOUSE has not materially changed since November 2013.

How Large is GROVE HOUSE?

GROVE HOUSE is 124m² according to the EPC inspection conducted in February 2012. This puts it in the largest 50% of detached houses houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicknacre, and where GROVE HOUSE lies on this distribution: 58% of detached houses houses are smaller than GROVE HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

GROVE HOUSE: Plot and Title Map

GROVE HOUSE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of GROVE HOUSE, 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 GROVE HOUSE). 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 GROVE HOUSE?

GROVE HOUSE is located on MAIN ROAD in BICKNACRE, in the CM3 postcode district. The below map shows the position of GROVE HOUSE on MAIN ROAD.