Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 HOWE ROCK PLACE is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £467,000 in April 2022, which was around 6% below the average April 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 1 HOWE ROCK PLACE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the six 1 HOWE ROCK PLACE 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 |
---|---|---|---|
2022 29 APR | £467,000 | £494,428 | 6% below HPI |
2015 23 MAR | £305,000 | £349,642 | 13% below HPI |
2015 27 FEB | £310,000 | £348,827 | 11% below HPI |
2001 17 AUG | £147,500 | £165,858 | 11% below HPI |
2001 1 JUN | £144,000 | £154,890 | 7% below HPI |
1998 20 NOV | £104,950 | £107,323 | 2% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The six 1 HOWE ROCK PLACE sales between November 1998 and April 2022 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
1 HOWE ROCK PLACE is 115m², which includes two extensions, according to the EPC inspection conducted in December 2021. 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 1 HOWE ROCK PLACE lies on this distribution: 42% of detached houses are smaller than 1 HOWE ROCK PLACE, and 57% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
1 HOWE ROCK PLACE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 1 HOWE ROCK 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 1 HOWE ROCK 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.
1 HOWE ROCK PLACE is located in TATTENHOE, in the MK4 postcode district. The below map shows the position of No. 1 on HOWE ROCK PLACE.