10, MONELLAN GROVE, CALDECOTTE, MILTON KEYNES, MK7 8NE - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 MONELLAN GROVE is a large detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £776,288. It was last sold for £390,000 in August 2011, which was around 37% above the average August 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

10 MONELLAN GROVE Sold Prices

Land registry data shows five sales for 10 MONELLAN GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 10 MONELLAN 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
2011 8 AUG	£390,000	£284,064	37% above HPI
2009 23 JAN	£351,000	£263,428	33% above HPI
2006 7 MAR	£357,000	£263,375	36% above HPI
2000 2 MAR	£210,000	£134,190	56% above HPI
1998 1 JUN	£171,950	£108,389	59% above HPI

10 MONELLAN 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 five 10 MONELLAN GROVE sales between June 1998 and August 2011 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 January 2009 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2011 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 10 MONELLAN GROVE be worth now?

10 MONELLAN GROVE might now be worth an estimated £776,288.

This is based on house price inflation of 99%, between August 2011 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 99% inflationary increase is applied to the most recent sale price for 10 MONELLAN GROVE of £390,000 on 8th August 2011. For the value to have increased from £390,000 to £776,288 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 10 MONELLAN GROVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2011 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MONELLAN GROVE has not materially changed since August 2011.

How Large is 10 MONELLAN GROVE?

10 MONELLAN GROVE is 144m² according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 10 MONELLAN GROVE lies on this distribution: 70% of detached houses houses are smaller than 10 MONELLAN GROVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

10 MONELLAN GROVE: Plot and Title Map

10 MONELLAN GROVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 10 MONELLAN 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 10 MONELLAN 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 10 MONELLAN GROVE?

10 MONELLAN GROVE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 10 on MONELLAN GROVE.