49, GROOMBRIDGE, KENTS HILL, MILTON KEYNES, MK7 6HA - £363,000

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

49 GROOMBRIDGE is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £363,000 in July 2019, which was around 17% below the average July 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

49 GROOMBRIDGE Sold Prices

Land registry data shows four sales for 49 GROOMBRIDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 49 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
2019 26 JUL	£363,000	£435,413	17% below HPI
2015 30 NOV	£290,000	£383,698	24% below HPI
2001 19 APR	£144,000	£149,708	4% below HPI
1997 27 JUN	£90,500	£92,782	2% below HPI

49 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 four 49 GROOMBRIDGE sales between June 1997 and July 2019 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 49 GROOMBRIDGE?

49 GROOMBRIDGE is 94m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% 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 49 GROOMBRIDGE lies on this distribution: 23% of detached houses are smaller than 49 GROOMBRIDGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

49 GROOMBRIDGE: Plot and Title Map

49 GROOMBRIDGE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 49 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 49 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 49 GROOMBRIDGE?

49 GROOMBRIDGE is located in KENTS HILL, in the MK7 postcode district. The below map shows the position of No. 49 on GROOMBRIDGE.