1, MILLBANK PLACE, KENTS HILL, MILTON KEYNES, MK7 6DU - £144,000

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 MILLBANK PLACE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £144,000 in April 2002, which was around 19% below the average April 2002 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

1 MILLBANK PLACE Sold Prices

Land registry data shows two sales for 1 MILLBANK PLACE 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 1 MILLBANK 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
2002 5 APR	£144,000	£177,121	19% below HPI
1996 6 DEC	£73,000	£88,961	18% below HPI

1 MILLBANK PLACE 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 1 MILLBANK PLACE sales from December 1996 and April 2002 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 December 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2002 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 MILLBANK PLACE?

1 MILLBANK PLACE is 80m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% 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 MILLBANK PLACE lies on this distribution: 11% of detached houses are smaller than 1 MILLBANK PLACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 MILLBANK PLACE: Plot and Title Map

1 MILLBANK PLACE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 1 MILLBANK 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 MILLBANK 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.

Where is 1 MILLBANK PLACE?

1 MILLBANK PLACE is located in KENTS HILL, in the MK7 postcode district. The below map shows the position of No. 1 on MILLBANK PLACE.