12, PICTON STREET, KINGSMEAD, MILTON KEYNES, MK4 4EH - £245,000

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 PICTON STREET is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £245,000 in December 2011, which was around 13% below the average December 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

12 PICTON STREET Sold Prices

Land registry data shows three sales for 12 PICTON STREET 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 PICTON STREET 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
2011 20 DEC	£245,000	£280,093	13% below HPI
2004 24 NOV	£197,000	£257,141	23% below HPI
2001 29 AUG	£136,950	£165,858	17% below HPI

12 PICTON STREET 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 PICTON STREET sales between August 2001 and December 2011 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 November 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2011 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 12 PICTON STREET?

12 PICTON STREET is 120m² according to the EPC inspection conducted in April 2016. 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 PICTON STREET lies on this distribution: 47% of detached houses are smaller than 12 PICTON STREET, and 52% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 PICTON STREET: Plot and Title Map

12 PICTON STREET sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 12 PICTON STREET, 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 PICTON STREET). 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 PICTON STREET?

12 PICTON STREET is located in KINGSMEAD, in the MK4 postcode district. The below map shows the position of No. 12 on PICTON STREET.