21, GREGORIES DRIVE, WAVENDON GATE, MILTON KEYNES, MK7 7RL - £488,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 GREGORIES DRIVE is a very large detached house of 175m², built sometime between 1996 and 2002, which could now be worth an estimated £948,411. It was last sold for £488,000 in December 2012, which was around 68% above the average December 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.

21 GREGORIES DRIVE Sold Prices

Land registry data shows two sales for 21 GREGORIES DRIVE 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. One of the two 21 GREGORIES DRIVE sales was for above the average price, whilst the other was 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
2012 20 DEC	£488,000	£290,936	68% above HPI
1997 30 OCT	£68,501	£100,237	32% below HPI

21 GREGORIES DRIVE 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 21 GREGORIES DRIVE sales from October 1997 and December 2012 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 October 1997 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2012 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 21 GREGORIES DRIVE be worth now?

21 GREGORIES DRIVE might now be worth an estimated £948,411.

This is based on house price inflation of 94.3%, between December 2012 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 94.3% inflationary increase is applied to the most recent sale price for 21 GREGORIES DRIVE of £488,000 on 20th December 2012. For the value to have increased from £488,000 to £948,411 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 21 GREGORIES DRIVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The December 2012 sale price of £488,000 represented a fair market value for the property.
• The size, condition, and specification of 21 GREGORIES DRIVE has not materially changed since December 2012.

How Large is 21 GREGORIES DRIVE?

21 GREGORIES DRIVE is 175m² according to the EPC inspection conducted in August 2012. This puts it in the largest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 21 GREGORIES DRIVE lies on this distribution: 85% of detached houses houses are smaller than 21 GREGORIES DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

21 GREGORIES DRIVE: Plot and Title Map

21 GREGORIES DRIVE sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of 21 GREGORIES DRIVE, 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 21 GREGORIES DRIVE). 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 21 GREGORIES DRIVE?

21 GREGORIES DRIVE is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 21 on GREGORIES DRIVE.