18, LAVENDER GROVE, WALNUT TREE, MILTON KEYNES, MK7 7DB - £368,000

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

18 LAVENDER GROVE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £368,000 in March 2024, which was around 28% below the average March 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

18 LAVENDER GROVE Sold Prices

Land registry data shows two sales for 18 LAVENDER GROVE since 1^st 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 18 LAVENDER 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
2024 15 MAR	£368,000	£511,497	28% below HPI
1996 26 JUL	£64,000	£86,052	26% below HPI

18 LAVENDER 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 two 18 LAVENDER GROVE sales from July 1996 and March 2024 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 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 18 LAVENDER GROVE?

18 LAVENDER GROVE is 79m² according to the EPC inspection conducted in April 2023. 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 18 LAVENDER GROVE lies on this distribution: 11% of detached houses are smaller than 18 LAVENDER GROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 LAVENDER GROVE: Plot and Title Map

18 LAVENDER GROVE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 18 LAVENDER 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 18 LAVENDER 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 18 LAVENDER GROVE?

18 LAVENDER GROVE is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 18 on LAVENDER GROVE.