15, CAVENHAM, TWO MILE ASH, MILTON KEYNES, MK8 8JP - £356,000

15 CAVENHAM is a midsized detached house of 121m², built sometime between 1976 and 1982. It was last sold for £356,000 in March 2021, which was around 21% below the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

15 CAVENHAM Sold Prices

Land registry data shows four sales for 15 CAVENHAM 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 15 CAVENHAM 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
2021 31 MAR	£356,000	£451,575	21% below HPI
2016 25 FEB	£308,000	£397,934	23% below HPI
2003 26 NOV	£156,995	£237,906	34% below HPI
2001 10 AUG	£124,995	£165,858	25% below HPI

15 CAVENHAM 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 15 CAVENHAM sales between August 2001 and March 2021 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 February 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 15 CAVENHAM?

15 CAVENHAM is 121m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 15 CAVENHAM lies on this distribution: 48% of detached houses are smaller than 15 CAVENHAM, and 51% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 CAVENHAM: Plot and Title Map

15 CAVENHAM sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 15 CAVENHAM, 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 15 CAVENHAM). 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 15 CAVENHAM?

15 CAVENHAM is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 15 on CAVENHAM.