24, SPENCER, STANTONBURY, MILTON KEYNES, MK14 6BQ - £130,000

24 SPENCER is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £130,000 in January 2003, which was around 42% below the average January 2003 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was A.

24 SPENCER Sold Prices

Land registry data shows two sales for 24 SPENCER 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. Both of the two 24 SPENCER 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
2003 27 JAN	£130,000	£222,582	42% below HPI
2002 18 OCT	£97,000	£207,419	53% below HPI

24 SPENCER 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 24 SPENCER sales from October 2002 and January 2003 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 October 2002 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the January 2003 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 24 SPENCER?

24 SPENCER is 64m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% 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 24 SPENCER lies on this distribution: 3% of detached houses are smaller than 24 SPENCER, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

24 SPENCER: Plot and Title Map

24 SPENCER sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 24 SPENCER, 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 24 SPENCER). 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 24 SPENCER?

24 SPENCER is located in STANTONBURY, in the MK14 postcode district. The below map shows the position of No. 24 on SPENCER.