1, NORTHCROFT, SHENLEY LODGE, MILTON KEYNES, MK5 7BD - £300,000

1 NORTHCROFT is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £300,000 in August 2019, which was around 30% below the average August 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

1 NORTHCROFT Sold Prices

Land registry data shows four sales for 1 NORTHCROFT 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. All of the four 1 NORTHCROFT sales were 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
2019 30 AUG	£300,000	£431,471	30% below HPI
2013 31 JUL	£215,000	£292,968	27% below HPI
2004 13 AUG	£165,000	£248,498	34% below HPI
2001 28 FEB	£91,000	£146,052	38% below HPI

1 NORTHCROFT 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 1 NORTHCROFT sales between February 2001 and August 2019 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 July 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 NORTHCROFT?

1 NORTHCROFT is 87m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% 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 1 NORTHCROFT lies on this distribution: 17% of detached houses are smaller than 1 NORTHCROFT, and 82% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 NORTHCROFT: Plot and Title Map

1 NORTHCROFT sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 1 NORTHCROFT, 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 1 NORTHCROFT). 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 1 NORTHCROFT?

1 NORTHCROFT is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 1 on NORTHCROFT.