He isn't comparing the right voltages. He should be comparing his results to the Motherboard's CPU VCORE, which reads very close to his measurements (~50mV or 0.05V). The reason for this spread is the fact he is using a PSU lead as his ground, which is a long way from that motherboard lead through cables that have ... resistance!
Motherboard companies design and test these things thoroughly as electrical flow is the most important part of the entire computer. I'm not saying that they are delivering the most efficient clock/voltage ratio, but their reported volts and frequencies are accurate. It's up to you to find a sweet spot that maximizes efficiency if you are into that, otherwise stock voltage and core is tested to be safe for the long run...