12, BANKTOP PLACE, EMERSON VALLEY, MILTON KEYNES, MK4 2ER - £432,500

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

12 BANKTOP PLACE is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £432,500 in May 2023, which was around 17% below the average May 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

12 BANKTOP PLACE Sold Prices

Land registry data shows three sales for 12 BANKTOP PLACE 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 12 BANKTOP PLACE 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
2023 19 MAY	£432,500	£518,530	17% below HPI
2000 23 MAY	£44,200	£136,050	68% below HPI
1996 4 APR	£16,800	£83,877	80% below HPI

12 BANKTOP PLACE 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 12 BANKTOP PLACE sales between April 1996 and May 2023 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 May 2000 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the May 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 12 BANKTOP PLACE?

12 BANKTOP PLACE is 93m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 12 BANKTOP PLACE lies on this distribution: 22% of detached houses are smaller than 12 BANKTOP PLACE, and 77% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 BANKTOP PLACE: Plot and Title Map

12 BANKTOP PLACE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 12 BANKTOP PLACE, 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 12 BANKTOP PLACE). 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 12 BANKTOP PLACE?

12 BANKTOP PLACE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 12 on BANKTOP PLACE.