3, HIGHLEY GROVE, BROUGHTON, MILTON KEYNES, MK10 9LN - £300,000

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.

3 HIGHLEY GROVE is a very small extended semi-detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £381,603. It was last sold for £300,000 in July 2020, which was around 15% above the average July 2020 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

3 HIGHLEY GROVE Sold Prices

Land registry data shows two sales for 3 HIGHLEY GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 3 HIGHLEY 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
2020 9 JUL	£300,000	£260,865	15% above HPI
2004 2 JUN	£170,995	£147,720	16% above HPI

3 HIGHLEY 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 two 3 HIGHLEY GROVE sales from June 2004 and July 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 June 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 HIGHLEY GROVE be worth now?

3 HIGHLEY GROVE might now be worth an estimated £381,603.

This is based on house price inflation of 27.2%, between July 2020 and July 2025, 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 27.2% inflationary increase is applied to the most recent sale price for 3 HIGHLEY GROVE of £300,000 on 9th July 2020. For the value to have increased from £300,000 to £381,603 over the five years to July 2025, the following assumptions must hold true:

• The value of 3 HIGHLEY GROVE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The July 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGHLEY GROVE has not materially changed since July 2020.

How Large is 3 HIGHLEY GROVE?

3 HIGHLEY GROVE is 82m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 3 HIGHLEY GROVE lies on this distribution: 12% of semi-detached houses houses are smaller than 3 HIGHLEY GROVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 HIGHLEY GROVE: Plot and Title Map

3 HIGHLEY GROVE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 3 HIGHLEY 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 3 HIGHLEY 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 3 HIGHLEY GROVE?

3 HIGHLEY GROVE is located in BROUGHTON, in the MK10 postcode district. The below map shows the position of No. 3 on HIGHLEY GROVE.