115, REDLAND DRIVE, LOUGHTON, MILTON KEYNES, MK5 8BP - £730,000

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

115 REDLAND DRIVE is a very large detached house of 197m², built sometime between 1996 and 2002. It was last sold for £730,000 in November 2016, which was around 80% above the average November 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

115 REDLAND DRIVE Sold Prices

Land registry data shows three sales for 115 REDLAND 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 115 REDLAND 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
2016 11 NOV	£730,000	£406,631	80% above HPI
2012 9 AUG	£530,000	£284,349	86% above HPI
1999 26 FEB	£239,995	£108,197	122% above HPI

115 REDLAND 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 115 REDLAND DRIVE sales between February 1999 and November 2016 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 August 2012 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the November 2016 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 115 REDLAND DRIVE?

115 REDLAND DRIVE is 197m² according to the EPC inspection conducted in May 2012. This puts it in the largest 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 115 REDLAND DRIVE lies on this distribution: 91% of detached houses are smaller than 115 REDLAND DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

115 REDLAND DRIVE: Plot and Title Map

115 REDLAND DRIVE sits on a plot of roughly 0.229 of an acre, or 926m². The below map shows the location of 115 REDLAND 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 115 REDLAND 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 115 REDLAND DRIVE?

115 REDLAND DRIVE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 115 on REDLAND DRIVE.