1, JOULES COURT, SHENLEY LODGE, MILTON KEYNES, MK5 7BA - £360,000

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 JOULES COURT is a very large extended detached house of 221m², built sometime between 1983 and 1990. It was last sold for £360,000 in September 2012, which was around 23% above the average September 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

1 JOULES COURT Sold Prices

Land registry data shows three sales for 1 JOULES COURT 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 JOULES COURT 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
2012 28 SEP	£360,000	£291,714	23% above HPI
2004 26 JAN	£330,000	£240,869	37% above HPI
2002 31 MAY	£250,000	£181,287	38% above HPI

1 JOULES COURT 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 JOULES COURT sales between May 2002 and September 2012 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 January 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2012 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 1 JOULES COURT?

1 JOULES COURT is 221m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 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 1 JOULES COURT lies on this distribution: 95% of detached houses are smaller than 1 JOULES COURT, and 5% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 JOULES COURT: Plot and Title Map

1 JOULES COURT sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 1 JOULES COURT, 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 JOULES COURT). 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 JOULES COURT?

1 JOULES COURT is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 1 on JOULES COURT.