13, BROADPIECE, PENNYLAND, MILTON KEYNES, MK15 8AT - £450,000

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

13 BROADPIECE is a small extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £450,000 in April 2023, which was around 14% below the average April 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

13 BROADPIECE Sold Prices

Land registry data shows five sales for 13 BROADPIECE 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. All of the five 13 BROADPIECE 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
2023 12 APR	£450,000	£520,697	14% below HPI
2018 17 AUG	£136,500	£444,215	69% below HPI
2011 29 JUL	£168,500	£274,367	39% below HPI
2000 30 JUN	£118,000	£138,476	15% below HPI
1998 22 MAY	£78,000	£102,848	24% below HPI

13 BROADPIECE 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 13 BROADPIECE sales between May 1998 and April 2023 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 2018 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the April 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 13 BROADPIECE?

13 BROADPIECE is 107m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 13 BROADPIECE lies on this distribution: 34% of detached houses are smaller than 13 BROADPIECE, and 65% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

13 BROADPIECE: Plot and Title Map

13 BROADPIECE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 13 BROADPIECE, 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 13 BROADPIECE). 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 13 BROADPIECE?

13 BROADPIECE is located in PENNYLAND, in the MK15 postcode district. The below map shows the position of No. 13 on BROADPIECE.