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
8 SOUTHBRIDGE GROVE is a very large extended detached house of 176m², built sometime between 1991 and 1995. It was last sold for £610,000 in October 2020, which was around 37% above the average October 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2020, where the current energy rating was A, and the potential energy rating was A.
Land registry data shows three sales for 8 SOUTHBRIDGE GROVE since 1st 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 8 SOUTHBRIDGE GROVE 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 |
---|---|---|---|
2020 2 OCT | £610,000 | £444,494 | 37% above HPI |
2006 24 FEB | £358,900 | £252,812 | 42% above HPI |
2002 6 NOV | £345,000 | £212,453 | 62% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 8 SOUTHBRIDGE GROVE sales between November 2002 and October 2020 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 February 2006 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.
8 SOUTHBRIDGE GROVE is 176m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 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 8 SOUTHBRIDGE GROVE lies on this distribution: 85% of detached houses are smaller than 8 SOUTHBRIDGE GROVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
8 SOUTHBRIDGE GROVE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 8 SOUTHBRIDGE 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 8 SOUTHBRIDGE 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.
8 SOUTHBRIDGE GROVE is located in KENTS HILL, in the MK7 postcode district. The below map shows the position of No. 8 on SOUTHBRIDGE GROVE.