GROVE LEE, MAIN STREET, GRENDON UNDERWOOD, AYLESBURY, HP18 0SJ - £485,000

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

GROVE LEE is a very small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £485,000 in October 2021, which was around 36% below the average October 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

GROVE LEE Sold Prices

Land registry data shows three sales for GROVE LEE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the three GROVE LEE 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
2021 27 OCT	£485,000	£754,192	36% below HPI
2018 20 APR	£425,000	£704,865	40% below HPI
2000 14 AUG	£170,000	£288,796	41% below HPI

GROVE LEE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The three GROVE LEE sales between August 2000 and October 2021 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 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is GROVE LEE?

GROVE LEE is 102m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Grendon Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Grendon Underwood, and where GROVE LEE lies on this distribution: 2% of detached houses are smaller than GROVE LEE, and 98% of houses are larger. Note that EPC data is not available for all properties in Grendon Underwood.

GROVE LEE: Plot and Title Map

GROVE LEE sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of GROVE LEE, 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 LEE). 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 LEE?

GROVE LEE is located on MAIN STREET in GRENDON UNDERWOOD, in the HP18 postcode district. The below map shows the position of GROVE LEE on MAIN STREET.