1, THE MEADWAY, LOUGHTON, MILTON KEYNES, MK5 8AN - £275,000

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 THE MEADWAY is a large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £275,000 in December 2003, which was around 15% above the average December 2003 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

1 THE MEADWAY Sold Prices

Land registry data shows two sales for 1 THE MEADWAY 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 THE MEADWAY 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
2003 4 DEC	£275,000	£238,097	15% above HPI
2002 19 JUL	£204,000	£191,081	7% above HPI

1 THE MEADWAY 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 THE MEADWAY sales from July 2002 and December 2003 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 July 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2003 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1 THE MEADWAY?

1 THE MEADWAY is 160m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% 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 THE MEADWAY lies on this distribution: 78% of detached houses are smaller than 1 THE MEADWAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 THE MEADWAY: Plot and Title Map

1 THE MEADWAY sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 1 THE MEADWAY, 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 THE MEADWAY). 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 THE MEADWAY?

1 THE MEADWAY is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 1 on THE MEADWAY.