7, GREGORIES DRIVE, WAVENDON GATE, MILTON KEYNES, MK7 7RL - £365,000

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

7 GREGORIES DRIVE is a large extended detached house of 156m², built sometime between 1996 and 2002. It was last sold for £365,000 in October 2004, which was around 45% above the average October 2004 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

7 GREGORIES DRIVE Sold Prices

Land registry data shows three sales for 7 GREGORIES DRIVE 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 7 GREGORIES DRIVE 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
2004 12 OCT	£365,000	£252,459	45% above HPI
1998 16 OCT	£160,000	£106,585	50% above HPI
1997 26 SEP	£47,500	£95,580	50% below HPI

7 GREGORIES DRIVE 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 7 GREGORIES DRIVE sales between September 1997 and October 2004 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 1998 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2004 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 7 GREGORIES DRIVE?

7 GREGORIES DRIVE is 156m², which includes three extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 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 7 GREGORIES DRIVE lies on this distribution: 76% of detached houses are smaller than 7 GREGORIES DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 GREGORIES DRIVE: Plot and Title Map

7 GREGORIES DRIVE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 7 GREGORIES DRIVE, 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 7 GREGORIES DRIVE). 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 7 GREGORIES DRIVE?

7 GREGORIES DRIVE is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 7 on GREGORIES DRIVE.