GROVE HOUSE, PERRYGROVE ROAD, COLEFORD, GL16 8QB - £330,000

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 very large detached house of 258m², built sometime before 1900, which could now be worth an estimated £552,380. It was last sold for £330,000 in March 2011, which was around 36% above the average March 2011 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2010, where the current energy rating was F, and the potential energy rating was D.

GROVE HOUSE Sold Prices

Land registry data shows two sales for GROVE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two GROVE HOUSE sales 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
2011 23 MAR	£330,000	£241,974	36% above HPI
2004 5 MAR	£308,500	£204,273	51% above HPI

GROVE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two GROVE HOUSE sales from March 2004 and March 2011 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 March 2004 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the March 2011 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might GROVE HOUSE be worth now?

GROVE HOUSE might now be worth an estimated £552,380.

This is based on house price inflation of 67.4%, between March 2011 and February 2025, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.4% inflationary increase is applied to the most recent sale price for GROVE HOUSE of £330,000 on 23rd March 2011. For the value to have increased from £330,000 to £552,380 over the fourteen years and one month 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 Forest of Dean local authority area.
• The March 2011 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of GROVE HOUSE has not materially changed since March 2011.

How Large is GROVE HOUSE?

GROVE HOUSE is 258m² according to the EPC inspection conducted in December 2010. This puts it in the largest 10% of detached houses houses in Milkwall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milkwall, and where GROVE HOUSE lies on this distribution: More than 99% of detached houses houses are smaller than GROVE HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Milkwall.

GROVE HOUSE: Plot and Title Map

GROVE HOUSE sits on a plot of roughly 0.583 of an acre, or 2,360m². 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 PERRYGROVE ROAD in COLEFORD, in the GL16 postcode district. The below map shows the position of GROVE HOUSE on PERRYGROVE ROAD.