15, MILECASTLE, BANCROFT, MILTON KEYNES, MK13 0QL - £263,000

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 MILECASTLE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £263,000 in June 2017, which was around 38% below the average June 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

15 MILECASTLE Sold Prices

Land registry data shows two sales for 15 MILECASTLE 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 MILECASTLE 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
2017 2 JUN	£263,000	£426,407	38% below HPI
1996 29 NOV	£52,000	£87,447	41% below HPI

15 MILECASTLE 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 MILECASTLE sales from November 1996 and June 2017 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 November 1996 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2017 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 15 MILECASTLE?

15 MILECASTLE is 74m² according to the EPC inspection conducted in February 2023. 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 MILECASTLE lies on this distribution: 7% of detached houses are smaller than 15 MILECASTLE, and 92% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 MILECASTLE: Plot and Title Map

15 MILECASTLE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 15 MILECASTLE, 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 MILECASTLE). 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 MILECASTLE?

15 MILECASTLE is located in BANCROFT, in the MK13 postcode district. The below map shows the position of No. 15 on MILECASTLE.