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
15 NETHER GROVE is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £420,000 in August 2015, which was around 14% above the average August 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 15 NETHER GROVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 15 NETHER GROVE sales 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 |
---|---|---|---|
2015 25 AUG | £420,000 | £367,219 | 14% above HPI |
1997 19 DEC | £114,995 | £97,820 | 18% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 15 NETHER GROVE sales from December 1997 and August 2015 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 December 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.
15 NETHER GROVE is 115m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% 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 15 NETHER GROVE lies on this distribution: 42% of detached houses are smaller than 15 NETHER GROVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
15 NETHER GROVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 15 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 15 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.
15 NETHER GROVE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 15 on NETHER GROVE.