38, WELSUMMER GROVE, SHENLEY BROOK END, MILTON KEYNES, MK5 7GF - £698,000

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 WELSUMMER GROVE is a very large extended detached house of 241m², built sometime between 1996 and 2002. It was last sold for £698,000 in April 2024, which was around 38% above the average April 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

38 WELSUMMER GROVE Sold Prices

Land registry data shows five sales for 38 WELSUMMER GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 38 WELSUMMER 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
2024 3 APR	£698,000	£506,959	38% above HPI
2011 9 DEC	£385,000	£280,093	37% above HPI
2006 30 MAR	£332,500	£254,802	30% above HPI
2002 26 JUL	£265,000	£191,081	39% above HPI
2000 24 NOV	£204,950	£150,579	36% above HPI

38 WELSUMMER 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 five 38 WELSUMMER GROVE sales between November 2000 and April 2024 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 2011 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2024 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 38 WELSUMMER GROVE?

38 WELSUMMER GROVE is 241m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 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 WELSUMMER GROVE lies on this distribution: 97% of detached houses are smaller than 38 WELSUMMER GROVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

38 WELSUMMER GROVE: Plot and Title Map

38 WELSUMMER GROVE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 38 WELSUMMER 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 WELSUMMER 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 WELSUMMER GROVE?

38 WELSUMMER GROVE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 38 on WELSUMMER GROVE.