41, GRAVENEY PLACE, SPRINGFIELD, MILTON KEYNES, MK6 3LU - £242,000

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.

41 GRAVENEY PLACE is a midsized detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £503,121. It was last sold for £242,000 in May 2006, which was around 8% below the average May 2006 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

41 GRAVENEY PLACE Sold Prices

Land registry data shows one sale for 41 GRAVENEY PLACE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 26 MAY	£242,000	£264,439	8% below HPI

What might 41 GRAVENEY PLACE be worth now?

41 GRAVENEY PLACE might now be worth an estimated £503,121.

This is based on house price inflation of 107.9%, between May 2006 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 107.9% inflationary increase is applied to the most recent sale price for 41 GRAVENEY PLACE of £242,000 on 26th May 2006. For the value to have increased from £242,000 to £503,121 over the twenty years to May 2026, the following assumptions must hold true:

• The value of 41 GRAVENEY PLACE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2006 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 41 GRAVENEY PLACE has not materially changed since May 2006.

How Large is 41 GRAVENEY PLACE?

41 GRAVENEY PLACE is 124m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 41 GRAVENEY PLACE lies on this distribution: 50% of detached houses are smaller than 41 GRAVENEY PLACE, and 48% of detached houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

41 GRAVENEY PLACE: Plot

41 GRAVENEY PLACE sits on a plot of roughly 0.096 of an acre, or 389m².

Where is 41 GRAVENEY PLACE?

41 GRAVENEY PLACE is located in SPRINGFIELD, in the MK6 postcode district.