2, MILTON GROVE, BLETCHLEY, MILTON KEYNES, MK3 5BH - £330,000

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.

2 MILTON GROVE is a very small extended semi-detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £423,330. It was last sold for £330,000 in February 2019, which was around 29% above the average February 2019 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 MILTON GROVE Sold Prices

Land registry data shows four sales for 2 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 2 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
2019 22 FEB	£330,000	£256,440	29% above HPI
2006 12 DEC	£230,000	£167,679	37% above HPI
2001 17 JUL	£93,000	£89,088	4% above HPI
1998 17 JUL	£66,500	£60,701	10% above HPI

2 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 2 MILTON GROVE sales between July 1998 and February 2019 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 December 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the February 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 MILTON GROVE be worth now?

2 MILTON GROVE might now be worth an estimated £423,330.

This is based on house price inflation of 28.3%, between February 2019 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 28.3% inflationary increase is applied to the most recent sale price for 2 MILTON GROVE of £330,000 on 22nd February 2019. For the value to have increased from £330,000 to £423,330 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 MILTON GROVE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The February 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILTON GROVE has not materially changed since February 2019.

How Large is 2 MILTON GROVE?

2 MILTON GROVE is 74m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% 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 2 MILTON GROVE lies on this distribution: 9% of semi-detached houses houses are smaller than 2 MILTON GROVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

2 MILTON GROVE: Plot and Title Map

2 MILTON GROVE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 2 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 2 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 2 MILTON GROVE?

2 MILTON GROVE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 2 on MILTON GROVE.