16, MILTON GROVE, BLETCHLEY, MILTON KEYNES, MK3 5BH - £232,500

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.

16 MILTON GROVE is a very small extended semi-detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £351,243. It was last sold for £232,500 in July 2015, which was around 7% above the average July 2015 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

16 MILTON GROVE Sold Prices

Land registry data shows four sales for 16 MILTON GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 16 MILTON 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
2015 10 JUL	£232,500	£217,754	7% above HPI
2012 8 OCT	£185,000	£172,166	7% above HPI
2001 12 OCT	£113,500	£93,873	21% above HPI
2000 31 MAY	£107,000	£76,993	39% above HPI

16 MILTON GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 16 MILTON GROVE sales between May 2000 and July 2015 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 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2015 sale, which was also at 7% above the HPI.

What might 16 MILTON GROVE be worth now?

16 MILTON GROVE might now be worth an estimated £351,243.

This is based on house price inflation of 51.1%, between July 2015 and May 2026, for semi-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 51.1% inflationary increase is applied to the most recent sale price for 16 MILTON GROVE of £232,500 on 10th July 2015. For the value to have increased from £232,500 to £351,243 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 16 MILTON GROVE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The July 2015 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MILTON GROVE has not materially changed since July 2015.

How Large is 16 MILTON GROVE?

16 MILTON GROVE is 82m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of semi-detached houses houses in Bletchley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bletchley, and where 16 MILTON GROVE lies on this distribution: 16% of semi-detached houses houses are smaller than 16 MILTON GROVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

16 MILTON GROVE: Plot and Title Map

16 MILTON GROVE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 16 MILTON 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 16 MILTON 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 16 MILTON GROVE?

16 MILTON GROVE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 16 on MILTON GROVE.