1, PICKERING DRIVE, EMERSON VALLEY, MILTON KEYNES, MK4 2LW - £244,000

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 PICKERING DRIVE is a midsized detached house of 129m², built sometime between 1996 and 2002. It was last sold for £244,000 in August 2002, which was around 22% above the average August 2002 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

1 PICKERING DRIVE Sold Prices

Land registry data shows two sales for 1 PICKERING DRIVE 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 PICKERING DRIVE 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
2002 22 AUG	£244,000	£199,243	22% above HPI
2001 23 FEB	£182,950	£146,052	25% above HPI

1 PICKERING DRIVE 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 PICKERING DRIVE sales from February 2001 and August 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 February 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2002 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 1 PICKERING DRIVE?

1 PICKERING DRIVE is 129m² according to the EPC inspection conducted in November 2011. This puts it in the largest 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 PICKERING DRIVE lies on this distribution: 56% of detached houses are smaller than 1 PICKERING DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 PICKERING DRIVE: Plot and Title Map

1 PICKERING DRIVE sits on a plot of roughly 0.125 of an acre, or 508m². The below map shows the location of 1 PICKERING DRIVE, 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 PICKERING DRIVE). 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 PICKERING DRIVE?

1 PICKERING DRIVE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 1 on PICKERING DRIVE.