THE GROVE, HILL GREEN, CLAVERING, SAFFRON WALDEN, CB11 4QS - £520,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE GROVE is a very large detached house of 311m², built in 2021. It was last sold for £520,000 in February 2021, which was around 17% below the average February 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was B.

THE GROVE Sold Prices

Land registry data shows three sales for THE GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the three THE GROVE 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 26 FEB	£520,000	£624,413	17% below HPI
2020 5 MAY	£360,000	£617,121	42% below HPI
2018 14 MAY	£372,050	£594,992	37% below HPI

THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The three THE GROVE sales between May 2018 and February 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 May 2020 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is THE GROVE?

THE GROVE is 311m² according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of detached houses in Clavering, based on EPC data. The below chart shows the distribution of detached houses by size in Clavering, and where THE GROVE lies on this distribution: 93% of detached houses are smaller than THE GROVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Clavering.

THE GROVE: Plot and Title Map

THE GROVE sits on a plot of roughly 0.278 of an acre, or 1,123m². The below map shows the location of THE GROVE, 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 THE GROVE). 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 THE GROVE?

THE GROVE is located on HILL GREEN in CLAVERING, in the CB11 postcode district. The below map shows the position of THE GROVE on HILL GREEN.