12, CRANBORNE AVENUE, WESTCROFT, MILTON KEYNES, MK4 4DP - £655,000

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

12 CRANBORNE AVENUE is a large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £655,000 in January 2023, which was around 24% above the average January 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

12 CRANBORNE AVENUE Sold Prices

Land registry data shows two sales for 12 CRANBORNE AVENUE 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 12 CRANBORNE AVENUE 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
2023 12 JAN	£655,000	£526,130	24% above HPI
1998 16 OCT	£152,000	£106,585	43% above HPI

12 CRANBORNE AVENUE 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 12 CRANBORNE AVENUE sales from October 1998 and January 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 October 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 12 CRANBORNE AVENUE?

12 CRANBORNE AVENUE is 140m² according to the EPC inspection conducted in October 2022. This puts it in the largest 40% 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 CRANBORNE AVENUE lies on this distribution: 66% of detached houses are smaller than 12 CRANBORNE AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 CRANBORNE AVENUE: Plot and Title Map

12 CRANBORNE AVENUE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 12 CRANBORNE AVENUE, 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 CRANBORNE AVENUE). 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 CRANBORNE AVENUE?

12 CRANBORNE AVENUE is located in WESTCROFT, in the MK4 postcode district. The below map shows the position of No. 12 on CRANBORNE AVENUE.