5, MONELLAN GROVE, CALDECOTTE, MILTON KEYNES, MK7 8BH - £325,000

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.

5 MONELLAN GROVE is a small extended semi-detached house of 113m², built sometime between 2007 and 2011, which could now be worth an estimated £530,550. It was last sold for £325,000 in December 2014, which was around 58% above the average December 2014 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

5 MONELLAN GROVE Sold Prices

Land registry data shows three sales for 5 MONELLAN GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 5 MONELLAN 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
2014 5 DEC	£325,000	£206,281	58% above HPI
2011 15 APR	£241,000	£154,668	56% above HPI
2008 22 MAY	£295,000	£180,206	64% above HPI

5 MONELLAN 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 three 5 MONELLAN GROVE sales between May 2008 and December 2014 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 April 2011 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2014 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 5 MONELLAN GROVE be worth now?

5 MONELLAN GROVE might now be worth an estimated £530,550.

This is based on house price inflation of 63.2%, between December 2014 and February 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 63.2% inflationary increase is applied to the most recent sale price for 5 MONELLAN GROVE of £325,000 on 5th December 2014. For the value to have increased from £325,000 to £530,550 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 MONELLAN GROVE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The December 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MONELLAN GROVE has not materially changed since December 2014.

How Large is 5 MONELLAN GROVE?

5 MONELLAN GROVE is 113m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% 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 5 MONELLAN GROVE lies on this distribution: 39% of semi-detached houses houses are smaller than 5 MONELLAN GROVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 MONELLAN GROVE: Plot and Title Map

5 MONELLAN GROVE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 5 MONELLAN 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 5 MONELLAN 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 5 MONELLAN GROVE?

5 MONELLAN GROVE is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 5 on MONELLAN GROVE.