51, GRAVENEY PLACE, SPRINGFIELD, MILTON KEYNES, MK6 3LU - £218,000

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 GRAVENEY PLACE is a small extended detached house of 103m², built sometime between 1976 and 1982. It was last sold for £218,000 in August 2011, which was around 21% below the average August 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

51 GRAVENEY PLACE Sold Prices

Land registry data shows two sales for 51 GRAVENEY PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 51 GRAVENEY PLACE 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
2011 15 AUG	£218,000	£274,817	21% below HPI
2004 15 OCT	£175,000	£252,459	31% below HPI

51 GRAVENEY PLACE 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 two 51 GRAVENEY PLACE sales from October 2004 and August 2011 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 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2011 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 51 GRAVENEY PLACE?

51 GRAVENEY PLACE is 103m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 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 51 GRAVENEY PLACE lies on this distribution: 31% of detached houses are smaller than 51 GRAVENEY PLACE, and 69% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

51 GRAVENEY PLACE: Plot and Title Map

51 GRAVENEY PLACE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 51 GRAVENEY PLACE, 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 GRAVENEY PLACE). 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 GRAVENEY PLACE?

51 GRAVENEY PLACE is located in SPRINGFIELD, in the MK6 postcode district. The below map shows the position of No. 51 on GRAVENEY PLACE.