7, THE GROVE, NEWPORT PAGNELL, MK16 0BL - £272,500

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

7 THE GROVE is a small extended semi-detached house of 91m², built sometime between 1930 and 1949. It was last sold for £272,500 in April 2016, which was around 33% below the average April 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

7 THE GROVE Sold Prices

Land registry data shows three sales for 7 THE GROVE 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. All of the three 7 THE GROVE 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
2016 28 APR	£272,500	£408,596	33% below HPI
2009 11 DEC	£167,500	£262,248	36% below HPI
2001 3 SEP	£51,500	£169,774	70% below HPI

7 THE GROVE 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 THE GROVE sales between September 2001 and April 2016 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 December 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 7 THE GROVE?

7 THE GROVE is 91m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 30% of detached houses in Newport Pagnell, based on EPC data. The below chart shows the distribution of detached houses by size in Newport Pagnell, and where 7 THE GROVE lies on this distribution: 25% of detached houses are smaller than 7 THE GROVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Newport Pagnell.

7 THE GROVE: Plot and Title Map

7 THE GROVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 7 THE GROVE, 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 THE GROVE). 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 THE GROVE?

7 THE GROVE is located in NEWPORT PAGNELL, in the MK16 postcode district. The below map shows the position of No. 7 on THE GROVE.