8, SPRING GROVE, WOBURN SANDS, MILTON KEYNES, MK17 8RY - £755,000

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

8 SPRING GROVE is a very large extended detached house of 175m², built sometime before 1900. It was last sold for £755,000 in March 2024, which was around 47% above the average March 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was A.

8 SPRING GROVE Sold Prices

Land registry data shows four sales for 8 SPRING GROVE 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 8 SPRING 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
2024 22 MAR	£755,000	£513,258	47% above HPI
2016 27 JUN	£572,500	£408,702	40% above HPI
1998 12 MAR	£110,000	£101,125	9% above HPI
1997 25 APR	£90,000	£88,171	2% above HPI

8 SPRING 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 four 8 SPRING GROVE sales between April 1997 and March 2024 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 June 2016 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2024 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 8 SPRING GROVE?

8 SPRING GROVE is 175m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Woburn Sands, based on EPC data. The below chart shows the distribution of detached houses by size in Woburn Sands, and where 8 SPRING GROVE lies on this distribution: 88% of detached houses are smaller than 8 SPRING GROVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Woburn Sands.

8 SPRING GROVE: Plot and Title Map

8 SPRING GROVE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 8 SPRING 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 SPRING 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 8 SPRING GROVE?

8 SPRING GROVE is located in WOBURN SANDS, in the MK17 postcode district. The below map shows the position of No. 8 on SPRING GROVE.