9, MINORCA GROVE, SHENLEY BROOK END, MILTON KEYNES, MK5 7FU - £282,000

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.

9 MINORCA GROVE is a very small terraced house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £350,385. It was last sold for £282,000 in July 2018, which was around 29% above the average July 2018 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

9 MINORCA GROVE Sold Prices

Land registry data shows two sales for 9 MINORCA GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 9 MINORCA 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
2018 16 JUL	£282,000	£218,822	29% above HPI
2001 24 AUG	£115,995	£74,406	56% above HPI

9 MINORCA 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 two 9 MINORCA GROVE sales from August 2001 and July 2018 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 August 2001 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2018 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 9 MINORCA GROVE be worth now?

9 MINORCA GROVE might now be worth an estimated £350,385.

This is based on house price inflation of 24.2%, between July 2018 and June 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 24.2% inflationary increase is applied to the most recent sale price for 9 MINORCA GROVE of £282,000 on 16th July 2018. For the value to have increased from £282,000 to £350,385 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of 9 MINORCA GROVE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The July 2018 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MINORCA GROVE has not materially changed since July 2018.

How Large is 9 MINORCA GROVE?

9 MINORCA GROVE is 68m² according to the EPC inspection conducted in January 2016. 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 9 MINORCA GROVE lies on this distribution: 4% of terraced houses houses are smaller than 9 MINORCA GROVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

9 MINORCA GROVE: Plot and Title Map

9 MINORCA GROVE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 9 MINORCA 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 9 MINORCA 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 9 MINORCA GROVE?

9 MINORCA GROVE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 9 on MINORCA GROVE.