14, GROOMBRIDGE, KENTS HILL, MILTON KEYNES, MK7 6HA - £305,000

14 GROOMBRIDGE is a very small semi-detached house of 88m², built sometime between 1991 and 1995. It was last sold for £305,000 in September 2017, which was around 30% below the average September 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

14 GROOMBRIDGE Sold Prices

Land registry data shows four sales for 14 GROOMBRIDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 14 GROOMBRIDGE 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
2017 29 SEP	£305,000	£433,212	30% below HPI
2017 30 JUN	£320,000	£426,407	25% below HPI
2009 20 NOV	£185,000	£259,448	29% below HPI
1995 25 AUG	£66,950	£84,164	20% below HPI

14 GROOMBRIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 14 GROOMBRIDGE sales between August 1995 and September 2017 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 June 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 14 GROOMBRIDGE?

14 GROOMBRIDGE is 88m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 14 GROOMBRIDGE lies on this distribution: 18% of detached houses are smaller than 14 GROOMBRIDGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

14 GROOMBRIDGE: Plot and Title Map

14 GROOMBRIDGE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 14 GROOMBRIDGE, 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 14 GROOMBRIDGE). 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 14 GROOMBRIDGE?

14 GROOMBRIDGE is located in KENTS HILL, in the MK7 postcode district. The below map shows the position of No. 14 on GROOMBRIDGE.