47, OLD GROVEWAY, SIMPSON, MILTON KEYNES, MK6 3AA - £380,000

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

47 OLD GROVEWAY is a large detached house of 137m², built sometime between 2003 and 2006. It was last sold for £380,000 in July 2015, which was around 5% above the average July 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

47 OLD GROVEWAY Sold Prices

Land registry data shows three sales for 47 OLD GROVEWAY 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. Two of the three 47 OLD GROVEWAY sales were for above the average price, whilst one 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
2015 24 JUL	£380,000	£360,200	5% above HPI
2013 3 SEP	£318,000	£294,794	8% above HPI
2008 27 JUN	£288,000	£290,473	1% below HPI

47 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 three 47 OLD GROVEWAY sales between June 2008 and July 2015 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 September 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 47 OLD GROVEWAY?

47 OLD GROVEWAY is 137m² according to the EPC inspection conducted in May 2013. This puts it in the largest 40% 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 OLD GROVEWAY lies on this distribution: 63% of detached houses are smaller than 47 OLD GROVEWAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

47 OLD GROVEWAY: Plot and Title Map

47 OLD GROVEWAY sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 47 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 47 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 47 OLD GROVEWAY?

47 OLD GROVEWAY is located in SIMPSON, in the MK6 postcode district. The below map shows the position of No. 47 on OLD GROVEWAY.