15, THE CRAVEN, HEELANDS, MILTON KEYNES, MK13 7QR - £350,000

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 THE CRAVEN is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £350,000 in May 2021, which was around 22% below the average May 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

15 THE CRAVEN Sold Prices

Land registry data shows three sales for 15 THE CRAVEN 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 THE CRAVEN 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
2021 6 MAY	£350,000	£445,943	22% below HPI
2007 12 JAN	£249,995	£274,463	9% below HPI
2004 2 NOV	£227,500	£257,141	12% below HPI

15 THE CRAVEN 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 THE CRAVEN sales between November 2004 and May 2021 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 January 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 THE CRAVEN?

15 THE CRAVEN is 114m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% 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 THE CRAVEN lies on this distribution: 41% of detached houses are smaller than 15 THE CRAVEN, and 58% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 THE CRAVEN: Plot and Title Map

15 THE CRAVEN sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 15 THE CRAVEN, 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 THE CRAVEN). 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 THE CRAVEN?

15 THE CRAVEN is located in HEELANDS, in the MK13 postcode district. The below map shows the position of No. 15 on THE CRAVEN.