43, GRAVENEY PLACE, SPRINGFIELD, MILTON KEYNES, MK6 3LU - £249,000

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

43 GRAVENEY PLACE is a very large extended detached house of 175m², built sometime between 1983 and 1990. It was last sold for £249,000 in March 2005, which was about the average March 2005 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

43 GRAVENEY PLACE Sold Prices

Land registry data shows two sales for 43 GRAVENEY PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. One of the two 43 GRAVENEY PLACE sales was roughly equal to the average price, whilst the other was 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
2005 21 MAR	£249,000	£250,220	Close to HPI
2003 13 OCT	£219,950	£233,033	6% below HPI

43 GRAVENEY PLACE 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 two 43 GRAVENEY PLACE sales from October 2003 and March 2005 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 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2005 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 43 GRAVENEY PLACE?

43 GRAVENEY PLACE is 175m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the largest 20% 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 43 GRAVENEY PLACE lies on this distribution: 84% of detached houses are smaller than 43 GRAVENEY PLACE, and 16% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

43 GRAVENEY PLACE: Plot and Title Map

43 GRAVENEY PLACE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 43 GRAVENEY PLACE, 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 43 GRAVENEY PLACE). 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 43 GRAVENEY PLACE?

43 GRAVENEY PLACE is located in SPRINGFIELD, in the MK6 postcode district. The below map shows the position of No. 43 on GRAVENEY PLACE.