LAUREL HOUSE, MAIN STREET, GROVE, WANTAGE, OX12 7HT - £420,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LAUREL HOUSE is a very large extended detached house of 148m², built sometime between 1900 and 1929, which could now be worth an estimated £571,793. It was last sold for £420,000 in October 2014, which was around 11% below the average October 2014 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

LAUREL HOUSE Sold Prices

Land registry data shows two sales for LAUREL 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 Vale of White Horse local authority area for the corresponding sale date. One of the two LAUREL HOUSE sales was for below the average price, whilst the other was 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
2014 29 OCT	£420,000	£471,624	11% below HPI
1995 21 APR	£152,500	£117,004	30% above HPI

LAUREL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of White Horse local authority area over time, sourced from the HPI. The two LAUREL HOUSE sales from April 1995 and October 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 April 1995 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might LAUREL HOUSE be worth now?

LAUREL HOUSE might now be worth an estimated £571,793.

This is based on house price inflation of 36.1%, between October 2014 and December 2024, for detached houses, in the Vale of White Horse local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.1% inflationary increase is applied to the most recent sale price for LAUREL HOUSE of £420,000 on 29th October 2014. For the value to have increased from £420,000 to £571,793 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of LAUREL HOUSE has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The October 2014 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of LAUREL HOUSE has not materially changed since October 2014.

How Large is LAUREL HOUSE?

LAUREL HOUSE is 148m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses houses in Grove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grove, and where LAUREL HOUSE lies on this distribution: 88% of detached houses houses are smaller than LAUREL HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Grove.

LAUREL HOUSE: Plot and Title Map

LAUREL HOUSE sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of LAUREL 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 LAUREL 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 LAUREL HOUSE?

LAUREL HOUSE is located on MAIN STREET in GROVE, in the OX12 postcode district. The below map shows the position of LAUREL HOUSE on MAIN STREET.