43, OLD GROVEWAY, SIMPSON, MILTON KEYNES, MK6 3AA - £426,000

43 OLD GROVEWAY is a midsized detached house of 122m², built sometime between 1976 and 1982. It was last sold for £426,000 in October 2021, which was around 10% below the average October 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

43 OLD GROVEWAY Sold Prices

Land registry data shows six sales for 43 OLD GROVEWAY 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. Most of the six 43 OLD GROVEWAY 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
2021 8 OCT	£426,000	£474,086	10% below HPI
2015 16 JUL	£335,000	£360,200	7% below HPI
2002 20 MAR	£197,000	£176,785	11% above HPI
2000 3 MAY	£164,950	£136,050	21% above HPI
1999 2 SEP	£146,000	£121,443	20% above HPI
1996 29 NOV	£110,000	£87,447	26% above HPI

43 OLD GROVEWAY 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 43 OLD GROVEWAY sales between November 1996 and October 2021 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 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 43 OLD GROVEWAY?

43 OLD GROVEWAY is 122m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% 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 43 OLD GROVEWAY lies on this distribution: 49% of detached houses are smaller than 43 OLD GROVEWAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

43 OLD GROVEWAY: Plot and Title Map

43 OLD GROVEWAY sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 43 OLD GROVEWAY, 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 43 OLD GROVEWAY). 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 43 OLD GROVEWAY?

43 OLD GROVEWAY is located in SIMPSON, in the MK6 postcode district. The below map shows the position of No. 43 on OLD GROVEWAY.