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 MONRO AVENUE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £204,000 in April 2014, which was around 35% below the average April 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 15 MONRO AVENUE 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. All of the five 15 MONRO AVENUE 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 |
---|---|---|---|
2014 8 APR | £204,000 | £312,504 | 35% below HPI |
2006 9 AUG | £178,000 | £263,603 | 32% below HPI |
2002 18 MAR | £125,000 | £176,785 | 29% below HPI |
1999 17 DEC | £91,000 | £126,981 | 28% below HPI |
1997 7 NOV | £74,950 | £97,943 | 23% 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 15 MONRO AVENUE sales between November 1997 and April 2014 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 August 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
15 MONRO AVENUE is 75m² according to the EPC inspection conducted in December 2013. 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 MONRO AVENUE lies on this distribution: 8% of detached houses are smaller than 15 MONRO AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
15 MONRO AVENUE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 15 MONRO AVENUE, 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 MONRO AVENUE). 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.
15 MONRO AVENUE is located in CROWNHILL, in the MK8 postcode district. The below map shows the position of No. 15 on MONRO AVENUE.