119, PICKERING DRIVE, EMERSON VALLEY, MILTON KEYNES, MK4 2EQ - £278,000

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

119 PICKERING DRIVE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £278,000 in June 2016, which was around 32% below the average June 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

119 PICKERING DRIVE Sold Prices

Land registry data shows two sales for 119 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 119 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
2016 30 JUN	£278,000	£408,702	32% below HPI
2015 30 APR	£250,000	£351,345	29% below HPI

119 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 119 PICKERING DRIVE sales from April 2015 and June 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 April 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 119 PICKERING DRIVE?

119 PICKERING DRIVE is 72m² according to the EPC inspection conducted in July 2022. 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 119 PICKERING DRIVE lies on this distribution: 6% of detached houses are smaller than 119 PICKERING DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

119 PICKERING DRIVE: Plot and Title Map

119 PICKERING DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 119 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 119 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 119 PICKERING DRIVE?

119 PICKERING DRIVE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 119 on PICKERING DRIVE.