1, PEMBRIDGE GROVE, KINGSMEAD, MILTON KEYNES, MK4 4EG - £222,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 PEMBRIDGE GROVE is a very small detached house of 83m², built sometime between 2003 and 2006, which could now be worth an estimated £455,050. It was last sold for £222,500 in June 2011, which was around 20% below the average June 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

1 PEMBRIDGE GROVE Sold Prices

Land registry data shows three sales for 1 PEMBRIDGE 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 Milton Keynes local authority area for the corresponding sale date. All of the three 1 PEMBRIDGE 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
2011 9 JUN	£222,500	£276,468	20% below HPI
2009 14 JUL	£185,000	£262,614	30% below HPI
2003 31 JAN	£143,995	£230,071	37% below HPI

1 PEMBRIDGE GROVE 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 three 1 PEMBRIDGE GROVE sales between January 2003 and June 2011 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 July 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2011 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 PEMBRIDGE GROVE be worth now?

1 PEMBRIDGE GROVE might now be worth an estimated £455,050.

This is based on house price inflation of 104.5%, between June 2011 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 104.5% inflationary increase is applied to the most recent sale price for 1 PEMBRIDGE GROVE of £222,500 on 9th June 2011. For the value to have increased from £222,500 to £455,050 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 1 PEMBRIDGE GROVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2011 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PEMBRIDGE GROVE has not materially changed since June 2011.

How Large is 1 PEMBRIDGE GROVE?

1 PEMBRIDGE GROVE is 83m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 1 PEMBRIDGE GROVE lies on this distribution: 14% of detached houses houses are smaller than 1 PEMBRIDGE GROVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 PEMBRIDGE GROVE: Plot and Title Map

1 PEMBRIDGE GROVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 1 PEMBRIDGE 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 1 PEMBRIDGE 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 1 PEMBRIDGE GROVE?

1 PEMBRIDGE GROVE is located in KINGSMEAD, in the MK4 postcode district. The below map shows the position of No. 1 on PEMBRIDGE GROVE.