6, PRENTICE GROVE, SHENLEY BROOK END, MILTON KEYNES, MK5 7ES - £315,000

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.

6 PRENTICE GROVE is a small detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £498,949. It was last sold for £315,000 in August 2014, which was around 9% below the average August 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

6 PRENTICE GROVE Sold Prices

Land registry data shows four sales for 6 PRENTICE 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. two of the four 6 PRENTICE GROVE sales were for below the average price, and four 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 AUG	£315,000	£347,086	9% below HPI
2004 11 MAY	£234,000	£248,957	6% below HPI
2000 29 AUG	£157,000	£148,602	6% above HPI
1996 29 NOV	£108,500	£90,389	20% above HPI

6 PRENTICE 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 6 PRENTICE GROVE sales between November 1996 and August 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 May 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 6 PRENTICE GROVE be worth now?

6 PRENTICE GROVE might now be worth an estimated £498,949.

This is based on house price inflation of 58.4%, between August 2014 and May 2026, for 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 58.4% inflationary increase is applied to the most recent sale price for 6 PRENTICE GROVE of £315,000 on 15th August 2014. For the value to have increased from £315,000 to £498,949 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 6 PRENTICE GROVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PRENTICE GROVE has not materially changed since August 2014.

How Large is 6 PRENTICE GROVE?

6 PRENTICE GROVE is 104m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 6 PRENTICE GROVE lies on this distribution: 32% of detached houses houses are smaller than 6 PRENTICE GROVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 PRENTICE GROVE: Plot and Title Map

6 PRENTICE GROVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 6 PRENTICE 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 6 PRENTICE 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 6 PRENTICE GROVE?

6 PRENTICE GROVE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 6 on PRENTICE GROVE.