47, GRACE AVENUE, OLDBROOK, MILTON KEYNES, MK6 2XJ - £140,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

47 GRACE AVENUE is a very small semi-detached house of 35m², built sometime between 1991 and 1995. It was last sold for £140,000 in June 2022, which was around 72% below the average June 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

47 GRACE AVENUE Sold Prices

Land registry data shows three sales for 47 GRACE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 47 GRACE AVENUE 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
2022 24 JUN	£140,000	£499,083	72% below HPI
2016 21 OCT	£125,000	£404,914	69% below HPI
2004 20 AUG	£98,000	£248,498	61% below HPI

47 GRACE AVENUE 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 three 47 GRACE AVENUE sales between August 2004 and June 2022 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 2016 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the June 2022 sale, where it falls to 72% below the HPI. The line then continues to track at 72% below the HPI.

How Large is 47 GRACE AVENUE?

47 GRACE AVENUE is 35m² according to the EPC inspection conducted in September 2019. 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 47 GRACE AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 47 GRACE AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

47 GRACE AVENUE: Plot and Title Map

47 GRACE AVENUE sits on a plot of roughly 0.373 of an acre, or 1,508m². The below map shows the location of 47 GRACE AVENUE, 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 47 GRACE AVENUE). 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 47 GRACE AVENUE?

47 GRACE AVENUE is located in OLDBROOK, in the MK6 postcode district. The below map shows the position of No. 47 on GRACE AVENUE.