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
1 GROOMBRIDGE is a small extended detached house of 102m², built sometime between 1991 and 1995. It was last sold for £402,500 in September 2017, which was around 7% below the average September 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 1 GROOMBRIDGE since 1st 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. two of the four 1 GROOMBRIDGE sales were for below the average price, and four 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 |
---|---|---|---|
2017 27 SEP | £402,500 | £433,212 | 7% below HPI |
2014 27 JAN | £320,000 | £298,446 | 7% above HPI |
2006 17 FEB | £277,000 | £252,812 | 10% above HPI |
2001 8 AUG | £158,000 | £165,858 | 5% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 1 GROOMBRIDGE sales between August 2001 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 January 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
1 GROOMBRIDGE is 102m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% 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 1 GROOMBRIDGE lies on this distribution: 30% of detached houses are smaller than 1 GROOMBRIDGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
1 GROOMBRIDGE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 1 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 1 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.
1 GROOMBRIDGE is located in KENTS HILL, in the MK7 postcode district. The below map shows the position of No. 1 on GROOMBRIDGE.