5, THE GROVE, BLETCHLEY, MILTON KEYNES, MK3 6BZ - £397,500

5 THE GROVE is a very large extended detached house of 167m², built sometime between 1930 and 1949. It was last sold for £397,500 in October 2014, which was around 17% above the average October 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

5 THE GROVE Sold Prices

Land registry data shows four sales for 5 THE 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. Most of the four 5 THE 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 15 OCT	£397,500	£339,421	17% above HPI
2010 3 DEC	£357,000	£274,112	30% above HPI
2002 8 AUG	£269,995	£199,243	36% above HPI
1997 14 FEB	£78,000	£88,612	12% below HPI

5 THE 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 5 THE GROVE sales between February 1997 and October 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 December 2010 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 5 THE GROVE?

5 THE GROVE is 167m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 20% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 5 THE GROVE lies on this distribution: 89% of detached houses are smaller than 5 THE GROVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

5 THE GROVE: Plot and Title Map

5 THE GROVE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 5 THE 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 THE 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 THE GROVE?

5 THE GROVE is located in BLETCHLEY, in the MK3 postcode district. The below map shows the position of No. 5 on THE GROVE.