5, STAFFORD GROVE, SHENLEY CHURCH END, MILTON KEYNES, MK5 6AX - £195,000

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 STAFFORD GROVE is a very small terraced house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £245,886. It was last sold for £195,000 in July 2019, which was around 10% below the average July 2019 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

5 STAFFORD GROVE Sold Prices

Land registry data shows three sales for 5 STAFFORD GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. One of the three 5 STAFFORD GROVE sales was for below the average price, whilst two 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
2019 19 JUL	£195,000	£217,401	10% below HPI
2007 12 JAN	£183,000	£143,281	28% above HPI
2000 7 FEB	£82,500	£58,095	42% above HPI

5 STAFFORD GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 5 STAFFORD GROVE sales between February 2000 and July 2019 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 January 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 STAFFORD GROVE be worth now?

5 STAFFORD GROVE might now be worth an estimated £245,886.

This is based on house price inflation of 26.1%, between July 2019 and July 2025, for terraced 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 26.1% inflationary increase is applied to the most recent sale price for 5 STAFFORD GROVE of £195,000 on 19th July 2019. For the value to have increased from £195,000 to £245,886 over the six years to July 2025, the following assumptions must hold true:

• The value of 5 STAFFORD GROVE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The July 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STAFFORD GROVE has not materially changed since July 2019.

How Large is 5 STAFFORD GROVE?

5 STAFFORD GROVE is 65m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 5 STAFFORD GROVE lies on this distribution: 3% of terraced houses houses are smaller than 5 STAFFORD GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 STAFFORD GROVE: Plot and Title Map

5 STAFFORD GROVE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 5 STAFFORD 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 STAFFORD 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 STAFFORD GROVE?

5 STAFFORD GROVE is located in SHENLEY CHURCH END, in the MK5 postcode district. The below map shows the position of No. 5 on STAFFORD GROVE.