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

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

21 GREGORIES DRIVE is a very large detached house of 175m², built sometime between 1996 and 2002. It was last sold for £488,000 in December 2012, which was around 73% 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	£281,465	73% above HPI
1997 30 OCT	£68,501	£96,974	29% 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2012 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

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 in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 21 GREGORIES DRIVE lies on this distribution: 85% of detached 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.