45, OLD GROVEWAY, SIMPSON, MILTON KEYNES, MK6 3AA - £310,000

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

45 OLD GROVEWAY is a very large extended detached house of 219m², built sometime between 1983 and 1990. It was last sold for £310,000 in September 2002, which was around 52% above the average September 2002 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

45 OLD GROVEWAY Sold Prices

Land registry data shows two sales for 45 OLD GROVEWAY 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. Both of the two 45 OLD GROVEWAY 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
2002 27 SEP	£310,000	£203,334	52% above HPI
1996 29 NOV	£144,000	£87,447	65% above HPI

45 OLD GROVEWAY 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 45 OLD GROVEWAY sales from November 1996 and September 2002 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 November 1996 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the September 2002 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 45 OLD GROVEWAY?

45 OLD GROVEWAY is 219m², which includes two extensions, according to the EPC inspection conducted in November 2019. 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 45 OLD GROVEWAY lies on this distribution: 94% of detached houses are smaller than 45 OLD GROVEWAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

45 OLD GROVEWAY: Plot and Title Map

45 OLD GROVEWAY sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of 45 OLD GROVEWAY, 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 45 OLD GROVEWAY). 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 45 OLD GROVEWAY?

45 OLD GROVEWAY is located in SIMPSON, in the MK6 postcode district. The below map shows the position of No. 45 on OLD GROVEWAY.