1, BROADPIECE, PENNYLAND, MILTON KEYNES, MK15 8AT - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 BROADPIECE is a small detached house of 111m², built sometime between 1983 and 1990. It was last sold for £240,000 in July 2014, which was around 27% below the average July 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

1 BROADPIECE Sold Prices

Land registry data shows three sales for 1 BROADPIECE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 1 BROADPIECE 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
2014 16 JUL	£240,000	£330,178	27% below HPI
2000 10 MAR	£110,000	£129,821	15% below HPI
1997 25 APR	£79,000	£88,171	10% below HPI

1 BROADPIECE 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 three 1 BROADPIECE sales between April 1997 and July 2014 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 March 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 BROADPIECE?

1 BROADPIECE is 111m² according to the EPC inspection conducted in May 2014. 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 1 BROADPIECE lies on this distribution: 38% of detached houses are smaller than 1 BROADPIECE, and 61% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 BROADPIECE: Plot and Title Map

1 BROADPIECE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 1 BROADPIECE, 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 1 BROADPIECE). 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 1 BROADPIECE?

1 BROADPIECE is located in PENNYLAND, in the MK15 postcode district. The below map shows the position of No. 1 on BROADPIECE.