2, MUSGROVE PLACE, SHENLEY CHURCH END, MILTON KEYNES, MK5 6JT - £277,000

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

2 MUSGROVE PLACE is a very large detached house of 171m², built sometime between 1991 and 1995. It was last sold for £277,000 in October 2001, which was around 63% above the average October 2001 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 MUSGROVE PLACE Sold Prices

Land registry data shows two sales for 2 MUSGROVE PLACE 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 2 MUSGROVE PLACE 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
2001 22 OCT	£277,000	£169,972	63% above HPI
1995 4 AUG	£157,000	£84,164	87% above HPI

2 MUSGROVE PLACE 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 2 MUSGROVE PLACE sales from August 1995 and October 2001 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 August 1995 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the October 2001 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 2 MUSGROVE PLACE?

2 MUSGROVE PLACE is 171m² according to the EPC inspection conducted in March 2016. This puts it in the largest 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 2 MUSGROVE PLACE lies on this distribution: 83% of detached houses are smaller than 2 MUSGROVE PLACE, and 17% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 MUSGROVE PLACE: Plot and Title Map

2 MUSGROVE PLACE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 2 MUSGROVE PLACE, 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 2 MUSGROVE PLACE). 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 2 MUSGROVE PLACE?

2 MUSGROVE PLACE is located in SHENLEY CHURCH END, in the MK5 postcode district. The below map shows the position of No. 2 on MUSGROVE PLACE.