20, GRACE AVENUE, OLDBROOK, MILTON KEYNES, MK6 2XN - £250,000

20 GRACE AVENUE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £250,000 in May 2016, which was around 38% below the average May 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

20 GRACE AVENUE Sold Prices

Land registry data shows four sales for 20 GRACE AVENUE 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 20 GRACE AVENUE 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 26 MAY	£250,000	£405,509	38% below HPI
2006 13 JUL	£187,000	£262,329	29% below HPI
2003 7 APR	£153,500	£229,446	33% below HPI
1995 15 DEC	£78,950	£82,888	5% below HPI

20 GRACE AVENUE 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 20 GRACE AVENUE sales between December 1995 and May 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 July 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 20 GRACE AVENUE?

20 GRACE AVENUE is 80m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% 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 20 GRACE AVENUE lies on this distribution: 11% of detached houses are smaller than 20 GRACE AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

20 GRACE AVENUE: Plot and Title Map

20 GRACE AVENUE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 20 GRACE AVENUE, 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 20 GRACE AVENUE). 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 20 GRACE AVENUE?

20 GRACE AVENUE is located in OLDBROOK, in the MK6 postcode district. The below map shows the position of No. 20 on GRACE AVENUE.