18, GROOMBRIDGE, KENTS HILL, MILTON KEYNES, MK7 6HA - £345,000

18 GROOMBRIDGE is a small extended detached house of 96m², built sometime between 1991 and 1995. It was last sold for £345,000 in August 2020, which was around 21% below the average August 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

18 GROOMBRIDGE Sold Prices

Land registry data shows four sales for 18 GROOMBRIDGE 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 18 GROOMBRIDGE 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
2020 5 AUG	£345,000	£438,618	21% below HPI
2016 19 FEB	£305,000	£397,934	23% below HPI
2002 11 JAN	£148,000	£177,948	17% below HPI
1996 20 SEP	£82,000	£86,933	6% below HPI

18 GROOMBRIDGE 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 18 GROOMBRIDGE sales between September 1996 and August 2020 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 February 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 18 GROOMBRIDGE?

18 GROOMBRIDGE is 96m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 18 GROOMBRIDGE lies on this distribution: 25% of detached houses are smaller than 18 GROOMBRIDGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 GROOMBRIDGE: Plot and Title Map

18 GROOMBRIDGE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 18 GROOMBRIDGE, 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 18 GROOMBRIDGE). 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 18 GROOMBRIDGE?

18 GROOMBRIDGE is located in KENTS HILL, in the MK7 postcode district. The below map shows the position of No. 18 on GROOMBRIDGE.