3, NETHER GROVE, SHENLEY BROOK END, MILTON KEYNES, MK5 7BQ - £405,000

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

3 NETHER GROVE is a midsized detached house of 114m², built sometime between 1983 and 1990. It was last sold for £405,000 in October 2020, which was around 9% below the average October 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

3 NETHER GROVE Sold Prices

Land registry data shows three sales for 3 NETHER GROVE 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. One of the three 3 NETHER GROVE sales was for below the average price, whilst two 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
2020 1 OCT	£405,000	£444,494	9% below HPI
1999 29 OCT	£134,000	£125,173	7% above HPI
1997 23 OCT	£121,995	£96,974	26% above HPI

3 NETHER GROVE 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 3 NETHER GROVE sales between October 1997 and October 2020 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 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 NETHER GROVE?

3 NETHER GROVE is 114m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% 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 NETHER GROVE lies on this distribution: 41% of detached houses are smaller than 3 NETHER GROVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 NETHER GROVE: Plot and Title Map

3 NETHER GROVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 3 NETHER 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 NETHER 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.

Where is 3 NETHER GROVE?

3 NETHER GROVE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 3 on NETHER GROVE.