15, HOMEWARD COURT, LOUGHTON, MILTON KEYNES, MK5 8ET - £212,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 HOMEWARD COURT is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £422,675. It was last sold for £212,000 in July 2011, which was around 25% below the average July 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

15 HOMEWARD COURT Sold Prices

Land registry data shows two sales for 15 HOMEWARD COURT 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 15 HOMEWARD COURT 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
2011 22 JUL	£212,000	£283,598	25% below HPI
2003 20 JUN	£166,000	£229,901	28% below HPI

15 HOMEWARD COURT 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 15 HOMEWARD COURT sales from June 2003 and July 2011 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 June 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2011 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 15 HOMEWARD COURT be worth now?

15 HOMEWARD COURT might now be worth an estimated £422,675.

This is based on house price inflation of 99.4%, between July 2011 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 99.4% inflationary increase is applied to the most recent sale price for 15 HOMEWARD COURT of £212,000 on 22nd July 2011. For the value to have increased from £212,000 to £422,675 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 15 HOMEWARD COURT has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2011 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HOMEWARD COURT has not materially changed since July 2011.

How Large is 15 HOMEWARD COURT?

15 HOMEWARD COURT is 80m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 15 HOMEWARD COURT lies on this distribution: 11% of detached houses houses are smaller than 15 HOMEWARD COURT, and 89% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 HOMEWARD COURT: Plot and Title Map

15 HOMEWARD COURT sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 15 HOMEWARD COURT, 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 HOMEWARD COURT). 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 HOMEWARD COURT?

15 HOMEWARD COURT is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 15 on HOMEWARD COURT.