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
3 MERTHEN GROVE is a large detached house of 136m², built sometime between 1996 and 2002. It was last sold for £683,000 in March 2023, which was around 33% above the average March 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 MERTHEN GROVE since 1st 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 3 MERTHEN GROVE 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 |
---|---|---|---|
2023 28 MAR | £683,000 | £512,125 | 33% above HPI |
2003 28 NOV | £280,000 | £237,906 | 18% above HPI |
1997 24 JAN | £145,950 | £89,368 | 63% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 3 MERTHEN GROVE sales between January 1997 and March 2023 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 November 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2023 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.
3 MERTHEN GROVE is 136m² according to the EPC inspection conducted in October 2022. This puts it in the largest 40% 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 3 MERTHEN GROVE lies on this distribution: 62% of detached houses are smaller than 3 MERTHEN GROVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
3 MERTHEN GROVE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 3 MERTHEN GROVE, 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 3 MERTHEN GROVE). 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.
3 MERTHEN GROVE is located in TATTENHOE, in the MK4 postcode district. The below map shows the position of No. 3 on MERTHEN GROVE.