4, LAVENDER GROVE, WALNUT TREE, MILTON KEYNES, MK7 7DB - £305,000

4 LAVENDER GROVE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £305,000 in June 2017, which was around 28% below the average June 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

4 LAVENDER GROVE Sold Prices

Land registry data shows six sales for 4 LAVENDER GROVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the six 4 LAVENDER 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
2017 2 JUN	£305,000	£426,407	28% below HPI
2009 15 MAY	£180,000	£250,496	28% below HPI
2006 6 MAR	£180,000	£254,802	29% below HPI
2002 19 MAR	£132,950	£176,785	25% below HPI
1999 5 NOV	£96,000	£126,613	24% below HPI
1998 24 JUL	£84,000	£106,241	21% below HPI

4 LAVENDER 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 six 4 LAVENDER GROVE sales between July 1998 and June 2017 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 May 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2017 sale, which was also at 28% below the HPI.

How Large is 4 LAVENDER GROVE?

4 LAVENDER GROVE is 84m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 4 LAVENDER GROVE lies on this distribution: 14% of detached houses are smaller than 4 LAVENDER GROVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 LAVENDER GROVE: Plot and Title Map

4 LAVENDER GROVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 4 LAVENDER 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 4 LAVENDER 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 4 LAVENDER GROVE?

4 LAVENDER GROVE is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 4 on LAVENDER GROVE.