12, FAIRWAYS, TWO MILE ASH, MILTON KEYNES, MK8 8AJ - £575,000

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 FAIRWAYS is a very large extended detached house of 169m², built sometime between 1976 and 1982. It was last sold for £575,000 in February 2021, which was around 28% above the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

12 FAIRWAYS Sold Prices

Land registry data shows three sales for 12 FAIRWAYS 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 FAIRWAYS 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
2021 25 FEB	£575,000	£449,865	28% above HPI
1999 3 AUG	£145,000	£118,068	23% above HPI
1996 30 AUG	£115,000	£86,360	33% above HPI

12 FAIRWAYS 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 FAIRWAYS sales between August 1996 and February 2021 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 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 12 FAIRWAYS?

12 FAIRWAYS is 169m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 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 FAIRWAYS lies on this distribution: 82% of detached houses are smaller than 12 FAIRWAYS, and 18% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 FAIRWAYS: Plot and Title Map

12 FAIRWAYS sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 12 FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

12 FAIRWAYS is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 12 on FAIRWAYS.