12, THE FLEET, SPRINGFIELD, MILTON KEYNES, MK6 3ND - £237,000

12 THE FLEET is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £237,000 in August 2012, which was around 17% below the average August 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

12 THE FLEET Sold Prices

Land registry data shows two sales for 12 THE FLEET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. One of the two 12 THE FLEET sales was for below the average price, whilst the other was 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
2012 24 AUG	£237,000	£284,349	17% below HPI
1998 27 AUG	£108,000	£106,595	1% above HPI

12 THE FLEET 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 two 12 THE FLEET sales from August 1998 and August 2012 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 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2012 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 12 THE FLEET?

12 THE FLEET is 103m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% 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 12 THE FLEET lies on this distribution: 31% of detached houses are smaller than 12 THE FLEET, and 68% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 THE FLEET: Plot and Title Map

12 THE FLEET sits on a plot of roughly 0.134 of an acre, or 540m². The below map shows the location of 12 THE FLEET, 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 12 THE FLEET). 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 12 THE FLEET?

12 THE FLEET is located in SPRINGFIELD, in the MK6 postcode district. The below map shows the position of No. 12 on THE FLEET.