12, GREATCHESTERS, BANCROFT, MILTON KEYNES, MK13 0PA - £395,000

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 GREATCHESTERS is a midsized detached house of 119m², built sometime between 1976 and 1982. It was last sold for £395,000 in February 2024, which was around 23% below the average February 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

12 GREATCHESTERS Sold Prices

Land registry data shows three sales for 12 GREATCHESTERS 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. One of the three 12 GREATCHESTERS sales was for below the average price, whilst two 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
2024 19 FEB	£395,000	£515,069	23% below HPI
2000 27 JAN	£142,950	£126,282	13% above HPI
1996 23 JUL	£96,000	£86,052	12% above HPI

12 GREATCHESTERS 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 GREATCHESTERS sales between July 1996 and February 2024 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 January 2000 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 12 GREATCHESTERS?

12 GREATCHESTERS is 119m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% 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 GREATCHESTERS lies on this distribution: 46% of detached houses are smaller than 12 GREATCHESTERS, and 53% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 GREATCHESTERS: Plot and Title Map

12 GREATCHESTERS sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 12 GREATCHESTERS, 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 GREATCHESTERS). 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 GREATCHESTERS?

12 GREATCHESTERS is located in BANCROFT, in the MK13 postcode district. The below map shows the position of No. 12 on GREATCHESTERS.