55, LARCH GROVE, BLETCHLEY, MILTON KEYNES, MK2 2LG - £247,000

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.

55 LARCH GROVE is a small extended semi-detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £386,450. It was last sold for £247,000 in March 2015, which was around 17% above the average March 2015 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

55 LARCH GROVE Sold Prices

Land registry data shows three sales for 55 LARCH 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. Two of the three 55 LARCH GROVE sales were for above the average price, whilst one was 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
2015 19 MAR	£247,000	£210,259	17% above HPI
2011 2 DEC	£208,000	£166,908	25% above HPI
1997 11 APR	£50,000	£50,904	2% below HPI

55 LARCH 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 55 LARCH GROVE sales between April 1997 and March 2015 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 2011 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 55 LARCH GROVE be worth now?

55 LARCH GROVE might now be worth an estimated £386,450.

This is based on house price inflation of 56.5%, between March 2015 and May 2026, 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 56.5% inflationary increase is applied to the most recent sale price for 55 LARCH GROVE of £247,000 on 19th March 2015. For the value to have increased from £247,000 to £386,450 over the ten years and ten months to May 2026, the following assumptions must hold true:

• The value of 55 LARCH GROVE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The March 2015 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 55 LARCH GROVE has not materially changed since March 2015.

How Large is 55 LARCH GROVE?

55 LARCH GROVE is 97m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of semi-detached houses houses in Bletchley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bletchley, and where 55 LARCH GROVE lies on this distribution: 31% of semi-detached houses houses are smaller than 55 LARCH GROVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bletchley.

55 LARCH GROVE: Plot and Title Map

55 LARCH GROVE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 55 LARCH 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 55 LARCH 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 55 LARCH GROVE?

55 LARCH GROVE is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 55 on LARCH GROVE.