109, PICKERING DRIVE, EMERSON VALLEY, MILTON KEYNES, MK4 2EQ - £232,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

109 PICKERING DRIVE is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £392,018. It was last sold for £232,000 in June 2014, which was around 31% below the average June 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

109 PICKERING DRIVE Sold Prices

Land registry data shows three sales for 109 PICKERING DRIVE 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 109 PICKERING DRIVE 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
2014 12 JUN	£232,000	£334,623	31% below HPI
2001 14 SEP	£127,500	£175,486	27% below HPI
1998 9 JAN	£82,000	£103,083	20% below HPI

109 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 three 109 PICKERING DRIVE sales between January 1998 and June 2014 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 September 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 109 PICKERING DRIVE be worth now?

109 PICKERING DRIVE might now be worth an estimated £392,018.

This is based on house price inflation of 69%, between June 2014 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69% inflationary increase is applied to the most recent sale price for 109 PICKERING DRIVE of £232,000 on 12th June 2014. For the value to have increased from £232,000 to £392,018 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 109 PICKERING DRIVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2014 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 109 PICKERING DRIVE has not materially changed since June 2014.

How Large is 109 PICKERING DRIVE?

109 PICKERING DRIVE is 78m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 109 PICKERING DRIVE lies on this distribution: 10% of detached houses houses are smaller than 109 PICKERING DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

109 PICKERING DRIVE: Plot and Title Map

109 PICKERING DRIVE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 109 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 109 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 109 PICKERING DRIVE?

109 PICKERING DRIVE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 109 on PICKERING DRIVE.