11, CADMAN SQUARE, SHENLEY LODGE, MILTON KEYNES, MK5 7DN - £310,000

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

11 CADMAN SQUARE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £310,000 in July 2017, which was around 27% below the average July 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

11 CADMAN SQUARE Sold Prices

Land registry data shows four sales for 11 CADMAN SQUARE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 11 CADMAN SQUARE 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
2017 3 JUL	£310,000	£426,115	27% below HPI
2015 6 NOV	£268,000	£383,698	30% below HPI
2005 25 NOV	£186,995	£251,930	26% below HPI
1997 8 AUG	£84,000	£94,836	11% below HPI

11 CADMAN SQUARE 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 four 11 CADMAN SQUARE sales between August 1997 and July 2017 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 November 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 11 CADMAN SQUARE?

11 CADMAN SQUARE is 64m² according to the EPC inspection conducted in July 2015. 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 11 CADMAN SQUARE lies on this distribution: 3% of detached houses are smaller than 11 CADMAN SQUARE, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

11 CADMAN SQUARE: Plot and Title Map

11 CADMAN SQUARE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 11 CADMAN SQUARE, 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 11 CADMAN SQUARE). 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 11 CADMAN SQUARE?

11 CADMAN SQUARE is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 11 on CADMAN SQUARE.