24, GRASSCROFT, FURZTON, MILTON KEYNES, MK4 1AS - £245,000

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

24 GRASSCROFT is a small detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £535,607. It was last sold for £245,000 in March 2005, which was around 5% below the average March 2005 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

24 GRASSCROFT Sold Prices

Land registry data shows two sales for 24 GRASSCROFT 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 24 GRASSCROFT 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
2005 10 MAR	£245,000	£258,639	5% below HPI
2002 19 AUG	£151,000	£205,947	27% below HPI

24 GRASSCROFT 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 24 GRASSCROFT sales from August 2002 and March 2005 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2005 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 24 GRASSCROFT be worth now?

24 GRASSCROFT might now be worth an estimated £535,607.

This is based on house price inflation of 118.6%, between March 2005 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 118.6% inflationary increase is applied to the most recent sale price for 24 GRASSCROFT of £245,000 on 10th March 2005. For the value to have increased from £245,000 to £535,607 over the twenty years and one month to February 2025, the following assumptions must hold true:

• The value of 24 GRASSCROFT has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The March 2005 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GRASSCROFT has not materially changed since March 2005.

How Large is 24 GRASSCROFT?

24 GRASSCROFT is 101m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% 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 24 GRASSCROFT lies on this distribution: 29% of detached houses houses are smaller than 24 GRASSCROFT, and 70% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

24 GRASSCROFT: Plot and Title Map

24 GRASSCROFT sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 24 GRASSCROFT, 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 24 GRASSCROFT). 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 24 GRASSCROFT?

24 GRASSCROFT is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 24 on GRASSCROFT.