42, GROOMBRIDGE, KENTS HILL, MILTON KEYNES, MK7 6HA - £230,000

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

42 GROOMBRIDGE is a very small detached house of 55m², built sometime between 1996 and 2002. It was last sold for £230,000 in June 2017, which was around 46% below the average June 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

42 GROOMBRIDGE Sold Prices

Land registry data shows five sales for 42 GROOMBRIDGE 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 42 GROOMBRIDGE 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
2017 23 JUN	£230,000	£426,407	46% below HPI
2001 10 AUG	£87,500	£165,858	47% below HPI
1999 15 OCT	£69,995	£125,173	44% below HPI
1997 17 NOV	£52,500	£97,943	46% below HPI
1996 23 FEB	£47,500	£83,023	43% below HPI

42 GROOMBRIDGE 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 42 GROOMBRIDGE sales between February 1996 and June 2017 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 August 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2017 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 42 GROOMBRIDGE?

42 GROOMBRIDGE is 55m² according to the EPC inspection conducted in July 2023. 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 42 GROOMBRIDGE lies on this distribution: 1% of detached houses are smaller than 42 GROOMBRIDGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

42 GROOMBRIDGE: Plot and Title Map

42 GROOMBRIDGE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 42 GROOMBRIDGE, 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 42 GROOMBRIDGE). 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 42 GROOMBRIDGE?

42 GROOMBRIDGE is located in KENTS HILL, in the MK7 postcode district. The below map shows the position of No. 42 on GROOMBRIDGE.