18, PRENTICE GROVE, SHENLEY BROOK END, MILTON KEYNES, MK5 7ES - £530,000

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.

18 PRENTICE GROVE is a midsized extended detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £643,664. It was last sold for £530,000 in November 2018, which was around 17% above the average November 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

18 PRENTICE GROVE Sold Prices

Land registry data shows four sales for 18 PRENTICE GROVE 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 PRENTICE 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
2018 9 NOV	£530,000	£452,688	17% above HPI
2016 17 JUN	£472,500	£422,454	12% above HPI
1999 26 NOV	£165,000	£130,873	26% above HPI
1997 24 APR	£126,000	£91,138	38% above HPI

18 PRENTICE 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 four 18 PRENTICE GROVE sales between April 1997 and November 2018 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 June 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 18 PRENTICE GROVE be worth now?

18 PRENTICE GROVE might now be worth an estimated £643,664.

This is based on house price inflation of 21.4%, between November 2018 and May 2026, 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 21.4% inflationary increase is applied to the most recent sale price for 18 PRENTICE GROVE of £530,000 on 9th November 2018. For the value to have increased from £530,000 to £643,664 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 18 PRENTICE GROVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2018 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PRENTICE GROVE has not materially changed since November 2018.

How Large is 18 PRENTICE GROVE?

18 PRENTICE GROVE is 132m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% 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 18 PRENTICE GROVE lies on this distribution: 58% of detached houses houses are smaller than 18 PRENTICE GROVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 PRENTICE GROVE: Plot and Title Map

18 PRENTICE GROVE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 18 PRENTICE 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 18 PRENTICE 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 18 PRENTICE GROVE?

18 PRENTICE GROVE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 18 on PRENTICE GROVE.