1, MEAD CRESCENT, REDHOUSE PARK, MILTON KEYNES, MK14 5FX - £290,000

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 MEAD CRESCENT is a very small detached house of 73m². It was last sold for £290,000 in February 2021, which was around 36% below the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2013, where the current energy rating was B, and the potential energy rating was B.

1 MEAD CRESCENT Sold Prices

Land registry data shows three sales for 1 MEAD CRESCENT 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 MEAD CRESCENT 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
2021 12 FEB	£290,000	£449,865	36% below HPI
2017 1 FEB	£285,000	£423,020	33% below HPI
2013 30 AUG	£209,950	£294,610	29% below HPI

1 MEAD CRESCENT 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 MEAD CRESCENT sales between August 2013 and February 2021 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 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 MEAD CRESCENT?

1 MEAD CRESCENT is 73m² according to the EPC inspection conducted in August 2013. 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 1 MEAD CRESCENT lies on this distribution: 7% of detached houses are smaller than 1 MEAD CRESCENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 MEAD CRESCENT: Plot and Title Map

1 MEAD CRESCENT sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 1 MEAD CRESCENT, 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 MEAD CRESCENT). 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 MEAD CRESCENT?

1 MEAD CRESCENT is located in REDHOUSE PARK, in the MK14 postcode district. The below map shows the position of No. 1 on MEAD CRESCENT.