16, BIRCHEN LEE, EMERSON VALLEY, MILTON KEYNES, MK4 2JX - £308,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 BIRCHEN LEE is a very small detached house of 82m², built sometime between 1991 and 1995. It was last sold for £308,000 in December 2019, which was around 29% below the average December 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

16 BIRCHEN LEE Sold Prices

Land registry data shows four sales for 16 BIRCHEN LEE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 16 BIRCHEN LEE 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 20 DEC	£308,000	£431,384	29% below HPI
2015 28 AUG	£260,000	£367,219	29% below HPI
2006 20 OCT	£206,000	£270,292	24% below HPI
1995 3 FEB	£72,995	£82,703	12% below HPI

16 BIRCHEN LEE 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 four 16 BIRCHEN LEE sales between February 1995 and December 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 August 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2019 sale, which was also at 29% below the HPI.

How Large is 16 BIRCHEN LEE?

16 BIRCHEN LEE is 82m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% 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 16 BIRCHEN LEE lies on this distribution: 13% of detached houses are smaller than 16 BIRCHEN LEE, and 87% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 BIRCHEN LEE: Plot and Title Map

16 BIRCHEN LEE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 16 BIRCHEN LEE, 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 16 BIRCHEN LEE). 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 16 BIRCHEN LEE?

16 BIRCHEN LEE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 16 on BIRCHEN LEE.