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
14 HATCHLANDS is a very large extended detached house of 197m², built sometime between 1983 and 1990. It was last sold for £550,000 in February 2024, which was around 7% above the average February 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 14 HATCHLANDS since 1st 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. Most of the five 14 HATCHLANDS sales 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 9 FEB | £550,000 | £515,069 | 7% above HPI |
2010 9 SEP | £305,000 | £279,250 | 9% above HPI |
2008 1 JUL | £300,000 | £292,906 | 2% above HPI |
1999 21 OCT | £158,000 | £125,173 | 26% above HPI |
1995 27 OCT | £71,000 | £82,358 | 14% 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 five 14 HATCHLANDS sales between October 1995 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 September 2010 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.
14 HATCHLANDS is 197m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 10% 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 14 HATCHLANDS lies on this distribution: 91% of detached houses are smaller than 14 HATCHLANDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
14 HATCHLANDS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 14 HATCHLANDS, 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 14 HATCHLANDS). 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.
14 HATCHLANDS is located in GREAT HOLM, in the MK8 postcode district. The below map shows the position of No. 14 on HATCHLANDS.