29, GRAVENEY PLACE, SPRINGFIELD, MILTON KEYNES, MK6 3NL - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 GRAVENEY PLACE is a small detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £400,016. It was last sold for £390,000 in November 2022, which was around 29% below the average November 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

29 GRAVENEY PLACE Sold Prices

Land registry data shows three sales for 29 GRAVENEY PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 29 GRAVENEY PLACE 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
2022 30 NOV	£390,000	£551,267	29% below HPI
2005 3 OCT	£205,500	£261,956	22% below HPI
2000 15 DEC	£117,500	£155,771	25% below HPI

29 GRAVENEY 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 three 29 GRAVENEY PLACE sales between December 2000 and November 2022 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 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 29 GRAVENEY PLACE be worth now?

29 GRAVENEY PLACE might now be worth an estimated £400,016.

This is based on house price inflation of 2.6%, between November 2022 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 2.6% inflationary increase is applied to the most recent sale price for 29 GRAVENEY PLACE of £390,000 on 30th November 2022. For the value to have increased from £390,000 to £400,016 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 29 GRAVENEY PLACE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 29 GRAVENEY PLACE has not materially changed since November 2022.

How Large is 29 GRAVENEY PLACE?

29 GRAVENEY PLACE is 96m² according to the EPC inspection conducted in July 2022. 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 29 GRAVENEY PLACE lies on this distribution: 25% of detached houses houses are smaller than 29 GRAVENEY PLACE, and 74% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

29 GRAVENEY PLACE: Plot and Title Map

29 GRAVENEY PLACE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 29 GRAVENEY 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 29 GRAVENEY 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 29 GRAVENEY PLACE?

29 GRAVENEY PLACE is located in SPRINGFIELD, in the MK6 postcode district. The below map shows the position of No. 29 on GRAVENEY PLACE.