12, THE SPINNEY, BRADWELL, MILTON KEYNES, MK13 9BX - £247,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 THE SPINNEY is a small detached house of 113m², built sometime between 1976 and 1982. It was last sold for £247,000 in February 2015, which was around 29% below the average February 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

12 THE SPINNEY Sold Prices

Land registry data shows two sales for 12 THE SPINNEY 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 THE SPINNEY 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
2015 13 FEB	£247,000	£348,827	29% below HPI
1999 1 OCT	£104,000	£125,173	17% below HPI

12 THE SPINNEY 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 THE SPINNEY sales from October 1999 and February 2015 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 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 THE SPINNEY?

12 THE SPINNEY is 113m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 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 THE SPINNEY lies on this distribution: 40% of detached houses are smaller than 12 THE SPINNEY, and 59% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 THE SPINNEY: Plot and Title Map

12 THE SPINNEY sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 12 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

12 THE SPINNEY is located in BRADWELL, in the MK13 postcode district. The below map shows the position of No. 12 on THE SPINNEY.