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
16 REDDING GROVE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £124,000 in February 2022, which was around 75% below the average February 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 16 REDDING 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 16 REDDING 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 |
---|---|---|---|
2022 11 FEB | £124,000 | £489,051 | 75% below HPI |
2002 2 SEP | £47,500 | £203,334 | 77% 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 two 16 REDDING GROVE sales from September 2002 and February 2022 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 September 2002 sale was for 77% below the HPI. So the extrapolation line tracks at 77% below the HPI over time, until the February 2022 sale, where it rises to 75% below the HPI. The line then continues to track at 75% below the HPI.
16 REDDING GROVE is 70m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% 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 16 REDDING GROVE lies on this distribution: 5% of detached houses are smaller than 16 REDDING GROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
16 REDDING GROVE sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 16 REDDING 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 16 REDDING 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.
16 REDDING GROVE is located in CROWNHILL, in the MK8 postcode district. The below map shows the position of No. 16 on REDDING GROVE.