38, CHEVALIER GROVE, CROWNHILL, MILTON KEYNES, MK8 0EJ - £245,000

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

38 CHEVALIER GROVE is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £245,000 in December 2016, which was around 40% below the average December 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

38 CHEVALIER GROVE Sold Prices

Land registry data shows four sales for 38 CHEVALIER GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 38 CHEVALIER GROVE 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
2016 9 DEC	£245,000	£410,768	40% below HPI
2006 1 DEC	£192,500	£272,536	29% below HPI
2004 29 MAR	£169,000	£238,410	29% below HPI
2000 5 MAY	£96,000	£136,050	29% below HPI

38 CHEVALIER 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 four 38 CHEVALIER GROVE sales between May 2000 and December 2016 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 December 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 38 CHEVALIER GROVE?

38 CHEVALIER GROVE is 72m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% 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 38 CHEVALIER GROVE lies on this distribution: 6% of detached houses are smaller than 38 CHEVALIER GROVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

38 CHEVALIER GROVE: Plot and Title Map

38 CHEVALIER GROVE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 38 CHEVALIER 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 38 CHEVALIER 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 38 CHEVALIER GROVE?

38 CHEVALIER GROVE is located in CROWNHILL, in the MK8 postcode district. The below map shows the position of No. 38 on CHEVALIER GROVE.