15, DOWNLAND, TWO MILE ASH, MILTON KEYNES, MK8 8HR - £225,000

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

15 DOWNLAND is a very small detached house of 52m², built sometime between 1983 and 1990. It was last sold for £225,000 in April 2018, which was around 49% below the average April 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was B.

15 DOWNLAND Sold Prices

Land registry data shows three sales for 15 DOWNLAND 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 15 DOWNLAND 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
2018 12 APR	£225,000	£440,402	49% below HPI
2004 28 SEP	£132,000	£251,776	48% below HPI
2001 1 MAY	£65,500	£152,637	57% below HPI

15 DOWNLAND 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 15 DOWNLAND sales between May 2001 and April 2018 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 2004 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the April 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 15 DOWNLAND?

15 DOWNLAND is 52m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 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 15 DOWNLAND lies on this distribution: 1% of detached houses are smaller than 15 DOWNLAND, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 DOWNLAND: Plot and Title Map

15 DOWNLAND sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 15 DOWNLAND, 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 15 DOWNLAND). 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 15 DOWNLAND?

15 DOWNLAND is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 15 on DOWNLAND.