15, MELTON, STANTONBURY, MILTON KEYNES, MK14 6BH - £256,000

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 MELTON is a small extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £256,000 in August 2019, which was around 41% below the average August 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

15 MELTON Sold Prices

Land registry data shows three sales for 15 MELTON 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 MELTON 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
2019 16 AUG	£256,000	£431,471	41% below HPI
2019 31 MAY	£270,000	£424,197	36% below HPI
2014 28 NOV	£155,000	£339,053	54% below HPI

15 MELTON 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 MELTON sales between November 2014 and August 2019 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 May 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 15 MELTON?

15 MELTON is 103m², which includes four extensions, according to the EPC inspection conducted in December 2018. 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 15 MELTON lies on this distribution: 31% of detached houses are smaller than 15 MELTON, and 68% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 MELTON: Plot and Title Map

15 MELTON sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 15 MELTON, 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 MELTON). 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 MELTON?

15 MELTON is located in STANTONBURY, in the MK14 postcode district. The below map shows the position of No. 15 on MELTON.