51, GRAMWELL, SHENLEY CHURCH END, MILTON KEYNES, MK5 6DG - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

51 GRAMWELL is a very small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £325,000 in March 2021, which was around 28% below the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

51 GRAMWELL Sold Prices

Land registry data shows four sales for 51 GRAMWELL 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 51 GRAMWELL 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
2021 5 MAR	£325,000	£451,575	28% below HPI
2006 12 OCT	£177,000	£270,292	35% below HPI
2000 17 NOV	£107,500	£150,579	29% below HPI
1999 9 AUG	£84,000	£118,068	29% below HPI

51 GRAMWELL 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 51 GRAMWELL sales between August 1999 and March 2021 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 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 51 GRAMWELL?

51 GRAMWELL is 89m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 51 GRAMWELL lies on this distribution: 18% of detached houses are smaller than 51 GRAMWELL, and 81% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

51 GRAMWELL: Plot and Title Map

51 GRAMWELL sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 51 GRAMWELL, 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 51 GRAMWELL). 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 51 GRAMWELL?

51 GRAMWELL is located in SHENLEY CHURCH END, in the MK5 postcode district. The below map shows the position of No. 51 on GRAMWELL.