28, REDDING GROVE, CROWNHILL, MILTON KEYNES, MK8 0BD - £55,500

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.

28 REDDING GROVE is a very small terraced house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £103,786. It was last sold for £55,500 in February 2013, which was around 62% below the average February 2013 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

28 REDDING GROVE Sold Prices

Land registry data shows three sales for 28 REDDING GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 28 REDDING GROVE 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
2013 19 FEB	£55,500	£144,780	62% below HPI
2009 6 FEB	£40,000	£124,400	68% below HPI
1999 13 JAN	£18,000	£49,274	63% below HPI

28 REDDING GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 28 REDDING GROVE sales between January 1999 and February 2013 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 2009 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the February 2013 sale, where it rises to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might 28 REDDING GROVE be worth now?

28 REDDING GROVE might now be worth an estimated £103,786.

This is based on house price inflation of 87%, between February 2013 and March 2026, for terraced 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 87% inflationary increase is applied to the most recent sale price for 28 REDDING GROVE of £55,500 on 19th February 2013. For the value to have increased from £55,500 to £103,786 over the twelve years and eleven months to March 2026, the following assumptions must hold true:

• The value of 28 REDDING GROVE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The February 2013 sale price of £55,500 represented a fair market value for the property.
• The size, condition, and specification of 28 REDDING GROVE has not materially changed since February 2013.

How Large is 28 REDDING GROVE?

28 REDDING GROVE is 61m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 28 REDDING GROVE lies on this distribution: 2% of terraced houses houses are smaller than 28 REDDING GROVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

28 REDDING GROVE: Plot and Title Map

28 REDDING GROVE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 28 REDDING 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 28 REDDING 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 28 REDDING GROVE?

28 REDDING GROVE is located in CROWNHILL, in the MK8 postcode district. The below map shows the position of No. 28 on REDDING GROVE.