12, NETHER GROVE, SHENLEY BROOK END, MILTON KEYNES, MK5 7BQ - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 NETHER GROVE is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £350,000 in September 2016, which was around 15% below the average September 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

12 NETHER GROVE Sold Prices

Land registry data shows three sales for 12 NETHER 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 12 NETHER 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
2016 26 SEP	£350,000	£409,388	15% below HPI
2000 26 MAY	£124,000	£136,050	9% below HPI
1997 27 JUN	£91,000	£92,782	2% below HPI

12 NETHER 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 12 NETHER GROVE sales between June 1997 and September 2016 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 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 NETHER GROVE?

12 NETHER GROVE is 86m² according to the EPC inspection conducted in July 2016. 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 12 NETHER GROVE lies on this distribution: 16% of detached houses are smaller than 12 NETHER GROVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 NETHER GROVE: Plot and Title Map

12 NETHER GROVE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 12 NETHER 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 12 NETHER 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 12 NETHER GROVE?

12 NETHER GROVE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 12 on NETHER GROVE.