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
13 THE SPINNEY is a midsized extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £348,000 in August 2016, which was around 17% below the average August 2016 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.
Land registry data shows three sales for 13 THE SPINNEY since 1st 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 13 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 |
---|---|---|---|
2016 9 AUG | £348,000 | £417,272 | 17% below HPI |
2007 3 AUG | £229,000 | £294,900 | 22% below HPI |
1996 3 MAY | £72,000 | £84,626 | 15% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 13 THE SPINNEY sales between May 1996 and August 2016 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 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
13 THE SPINNEY is 117m², which includes one extension, 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 13 THE SPINNEY lies on this distribution: 44% of detached houses are smaller than 13 THE SPINNEY, and 55% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
13 THE SPINNEY sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 13 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 13 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.
13 THE SPINNEY is located in BRADWELL, in the MK13 postcode district. The below map shows the position of No. 13 on THE SPINNEY.