14, OLD GROVEWAY, SIMPSON, MILTON KEYNES, MK6 3BP - £130,863

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.

14 OLD GROVEWAY is a very small extended terraced house of 47m², built sometime between 1976 and 1982, which could now be worth an estimated £181,112. It was last sold for £130,863 in January 2016, which was around 33% below the average January 2016 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

14 OLD GROVEWAY Sold Prices

Land registry data shows three sales for 14 OLD GROVEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 14 OLD GROVEWAY 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 6 JAN	£130,863	£195,789	33% below HPI
2006 15 NOV	£105,000	£140,931	25% below HPI
2003 24 OCT	£65,000	£109,327	41% below HPI

14 OLD GROVEWAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 14 OLD GROVEWAY sales between October 2003 and January 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 November 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 14 OLD GROVEWAY be worth now?

14 OLD GROVEWAY might now be worth an estimated £181,112.

This is based on house price inflation of 38.4%, between January 2016 and May 2026, for terraced 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 38.4% inflationary increase is applied to the most recent sale price for 14 OLD GROVEWAY of £130,863 on 6th January 2016. For the value to have increased from £130,863 to £181,112 over the nine years and eight months to May 2026, the following assumptions must hold true:

• The value of 14 OLD GROVEWAY has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The January 2016 sale price of £130,863 represented a fair market value for the property.
• The size, condition, and specification of 14 OLD GROVEWAY has not materially changed since January 2016.

How Large is 14 OLD GROVEWAY?

14 OLD GROVEWAY is 47m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 14 OLD GROVEWAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 14 OLD GROVEWAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

14 OLD GROVEWAY: Plot and Title Map

14 OLD GROVEWAY sits on a plot of roughly 0.009 of an acre, or 38m². The below map shows the location of 14 OLD GROVEWAY, 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 14 OLD GROVEWAY). 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 14 OLD GROVEWAY?

14 OLD GROVEWAY is located in SIMPSON, in the MK6 postcode district. The below map shows the position of No. 14 on OLD GROVEWAY.