12, CRESSEY AVENUE, SHENLEY BROOK END, MILTON KEYNES, MK5 7EL - £365,000

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 CRESSEY AVENUE is a very small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £365,000 in December 2017, which was around 18% below the average December 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

12 CRESSEY AVENUE Sold Prices

Land registry data shows five sales for 12 CRESSEY AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the five 12 CRESSEY AVENUE 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 29 DEC	£365,000	£442,444	18% below HPI
2007 8 JUN	£245,000	£290,794	16% below HPI
2004 19 MAR	£210,000	£238,410	12% below HPI
2000 29 AUG	£131,500	£143,765	9% below HPI
1995 3 FEB	£85,000	£82,703	3% above HPI

12 CRESSEY 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 five 12 CRESSEY AVENUE sales between February 1995 and December 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 June 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 CRESSEY AVENUE?

12 CRESSEY AVENUE is 89m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% 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 CRESSEY AVENUE lies on this distribution: 18% of detached houses are smaller than 12 CRESSEY AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 CRESSEY AVENUE: Plot and Title Map

12 CRESSEY AVENUE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 12 CRESSEY 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 CRESSEY 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 CRESSEY AVENUE?

12 CRESSEY AVENUE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 12 on CRESSEY AVENUE.