7, GREGORIES DRIVE, WAVENDON GATE, MILTON KEYNES, MK7 7RL - £365,000

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.

7 GREGORIES DRIVE is a large extended detached house of 156m², built sometime between 1996 and 2002, which could now be worth an estimated £768,974. It was last sold for £365,000 in October 2004, which was around 40% above the average October 2004 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

7 GREGORIES DRIVE Sold Prices

Land registry data shows three sales for 7 GREGORIES DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the three 7 GREGORIES DRIVE 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
2004 12 OCT	£365,000	£260,954	40% above HPI
1998 16 OCT	£160,000	£110,172	45% above HPI
1997 26 SEP	£47,500	£98,796	52% below HPI

7 GREGORIES DRIVE 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 three 7 GREGORIES DRIVE sales between September 1997 and October 2004 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 October 1998 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2004 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 7 GREGORIES DRIVE be worth now?

7 GREGORIES DRIVE might now be worth an estimated £768,974.

This is based on house price inflation of 110.7%, between October 2004 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 110.7% inflationary increase is applied to the most recent sale price for 7 GREGORIES DRIVE of £365,000 on 12th October 2004. For the value to have increased from £365,000 to £768,974 over the 22 years and five months to May 2026, the following assumptions must hold true:

• The value of 7 GREGORIES DRIVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2004 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GREGORIES DRIVE has not materially changed since October 2004.

How Large is 7 GREGORIES DRIVE?

7 GREGORIES DRIVE is 156m², which includes three extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% 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 7 GREGORIES DRIVE lies on this distribution: 76% of detached houses houses are smaller than 7 GREGORIES DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 GREGORIES DRIVE: Plot and Title Map

7 GREGORIES DRIVE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 7 GREGORIES DRIVE, 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 7 GREGORIES DRIVE). 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 7 GREGORIES DRIVE?

7 GREGORIES DRIVE is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 7 on GREGORIES DRIVE.