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 TREDINGTON GROVE is a very small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £400,000 in January 2023, which was around 24% below the average January 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 TREDINGTON GROVE since 1st 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 TREDINGTON 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 |
---|---|---|---|
2023 23 JAN | £400,000 | £526,130 | 24% below HPI |
2004 23 JAN | £173,000 | £240,869 | 28% below HPI |
1997 27 JUN | £73,000 | £92,782 | 21% 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 three 1 TREDINGTON GROVE sales between June 1997 and January 2023 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 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
1 TREDINGTON GROVE is 84m² according to the EPC inspection conducted in April 2022. 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 1 TREDINGTON GROVE lies on this distribution: 14% of detached houses are smaller than 1 TREDINGTON GROVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
1 TREDINGTON GROVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 1 TREDINGTON 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 TREDINGTON 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.
1 TREDINGTON GROVE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 1 on TREDINGTON GROVE.