50, GROOMBRIDGE, KENTS HILL, MILTON KEYNES, MK7 6HA - £535,000

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

50 GROOMBRIDGE is a midsized extended detached house of 122m², built sometime between 1991 and 1995. It was last sold for £535,000 in September 2023, which was around 4% above the average September 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

50 GROOMBRIDGE Sold Prices

Land registry data shows five sales for 50 GROOMBRIDGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 50 GROOMBRIDGE 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
2023 15 SEP	£535,000	£515,329	4% above HPI
2021 22 JUN	£490,000	£452,914	8% above HPI
2005 15 JUL	£258,020	£252,584	2% above HPI
2002 3 MAY	£192,500	£181,287	6% above HPI
1997 27 OCT	£112,000	£96,974	15% above HPI

50 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 five 50 GROOMBRIDGE sales between October 1997 and September 2023 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 June 2021 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 50 GROOMBRIDGE?

50 GROOMBRIDGE is 122m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% 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 50 GROOMBRIDGE lies on this distribution: 49% of detached houses are smaller than 50 GROOMBRIDGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

50 GROOMBRIDGE: Plot and Title Map

50 GROOMBRIDGE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 50 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 50 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 50 GROOMBRIDGE?

50 GROOMBRIDGE is located in KENTS HILL, in the MK7 postcode district. The below map shows the position of No. 50 on GROOMBRIDGE.