FARMHOUSE, LOWER GROVE FARM, MURSLEY ROAD, LITTLE HORWOOD, MILTON KEYNES, MK17 0PG - £625,000

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

FARMHOUSE is a large extended detached house of 179m², built sometime before 1900. It was last sold for £625,000 in April 2007, which was around 38% above the average April 2007 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

FARMHOUSE Sold Prices

Land registry data shows two sales for FARMHOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two FARMHOUSE 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
2007 16 APR	£625,000	£452,864	38% above HPI
2002 31 OCT	£375,000	£360,277	4% above HPI

FARMHOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two FARMHOUSE sales from October 2002 and April 2007 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 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2007 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is FARMHOUSE?

FARMHOUSE is 179m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of detached houses in Little Horwood, based on EPC data. The below chart shows the distribution of detached houses by size in Little Horwood, and where FARMHOUSE lies on this distribution: 68% of detached houses are smaller than FARMHOUSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Little Horwood.

FARMHOUSE: Plot and Title Map

FARMHOUSE sits on a plot of roughly 0.444 of an acre, or 1,798m². The below map shows the location of FARMHOUSE, 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 FARMHOUSE). 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 FARMHOUSE?

FARMHOUSE, LOWER GROVE FARM is located on MURSLEY ROAD in LITTLE HORWOOD, in the MK17 postcode district. The below map shows the position of FARMHOUSE, LOWER GROVE FARM on MURSLEY ROAD.