5, BACKLEYS, CALDECOTTE, MILTON KEYNES, MK7 8LL - £214,000

5 BACKLEYS is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £214,000 in December 2010, which was around 22% below the average December 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

5 BACKLEYS Sold Prices

Land registry data shows two sales for 5 BACKLEYS 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 5 BACKLEYS 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
2010 23 DEC	£214,000	£274,112	22% below HPI
2000 3 FEB	£126,495	£127,693	1% below HPI

5 BACKLEYS 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 5 BACKLEYS sales from February 2000 and December 2010 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 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2010 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 BACKLEYS?

5 BACKLEYS is 76m² according to the EPC inspection conducted in July 2010. 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 5 BACKLEYS lies on this distribution: 9% of detached houses are smaller than 5 BACKLEYS, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 BACKLEYS: Plot and Title Map

5 BACKLEYS sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 5 BACKLEYS, 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 5 BACKLEYS). 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 5 BACKLEYS?

5 BACKLEYS is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 5 on BACKLEYS.