3, LUXBOROUGH GROVE, FURZTON, MILTON KEYNES, MK4 1LX - £600,000

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 LUXBOROUGH GROVE is a very large detached house of 256m², built sometime between 1996 and 2002, which could now be worth an estimated £1,160,039. It was last sold for £600,000 in December 2012, which was around 106% above the average December 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

3 LUXBOROUGH GROVE Sold Prices

Land registry data shows four sales for 3 LUXBOROUGH 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 3 LUXBOROUGH 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
2012 7 DEC	£600,000	£290,936	106% above HPI
2002 22 NOV	£475,000	£219,602	116% above HPI
2001 7 FEB	£345,000	£150,966	129% above HPI
2000 31 MAR	£320,000	£134,190	138% above HPI

3 LUXBOROUGH 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 3 LUXBOROUGH GROVE sales between March 2000 and December 2012 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 November 2002 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the December 2012 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might 3 LUXBOROUGH GROVE be worth now?

3 LUXBOROUGH GROVE might now be worth an estimated £1,160,039.

This is based on house price inflation of 93.3%, between December 2012 and June 2025, 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 93.3% inflationary increase is applied to the most recent sale price for 3 LUXBOROUGH GROVE of £600,000 on 7th December 2012. For the value to have increased from £600,000 to £1,160,039 over the thirteen years and six months to June 2025, the following assumptions must hold true:

• The value of 3 LUXBOROUGH GROVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The December 2012 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LUXBOROUGH GROVE has not materially changed since December 2012.

How Large is 3 LUXBOROUGH GROVE?

3 LUXBOROUGH GROVE is 256m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% 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 3 LUXBOROUGH GROVE lies on this distribution: 98% of detached houses houses are smaller than 3 LUXBOROUGH GROVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 LUXBOROUGH GROVE: Plot and Title Map

3 LUXBOROUGH GROVE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 3 LUXBOROUGH 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 LUXBOROUGH 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 LUXBOROUGH GROVE?

3 LUXBOROUGH GROVE is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 3 on LUXBOROUGH GROVE.