3, MARKENFIELD PLACE, KINGSMEAD, MILTON KEYNES, MK4 4AP - £508,200

3 MARKENFIELD PLACE is a large extended detached house of 136m², built sometime between 1996 and 2002. It was last sold for £508,200 in March 2019, which was around 20% above the average March 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

3 MARKENFIELD PLACE Sold Prices

Land registry data shows four sales for 3 MARKENFIELD PLACE 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 3 MARKENFIELD PLACE sales were 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
2019 29 MAR	£508,200	£424,286	20% above HPI
2007 1 NOV	£355,000	£306,776	16% above HPI
2005 9 DEC	£305,000	£251,356	21% above HPI
2000 31 MAY	£184,450	£136,050	36% above HPI

3 MARKENFIELD PLACE 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 3 MARKENFIELD PLACE sales between May 2000 and March 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 November 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2019 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 3 MARKENFIELD PLACE?

3 MARKENFIELD PLACE is 136m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 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 3 MARKENFIELD PLACE lies on this distribution: 63% of detached houses are smaller than 3 MARKENFIELD PLACE, and 37% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 MARKENFIELD PLACE: Plot and Title Map

3 MARKENFIELD PLACE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 3 MARKENFIELD PLACE, 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 3 MARKENFIELD PLACE). 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 3 MARKENFIELD PLACE?

3 MARKENFIELD PLACE is located in KINGSMEAD, in the MK4 postcode district. The below map shows the position of No. 3 on MARKENFIELD PLACE.