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 CASTLE ACRE is a very small semi-detached house of 80m², built sometime between 1996 and 2002. It was last sold for £269,995 in November 2015, which was around 30% below the average November 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 16 CASTLE ACRE since 1st 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 16 CASTLE ACRE 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 |
---|---|---|---|
2015 20 NOV | £269,995 | £383,698 | 30% below HPI |
2007 23 FEB | £219,995 | £276,207 | 20% below HPI |
2002 26 JUN | £134,950 | £186,552 | 28% 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 three 16 CASTLE ACRE sales between June 2002 and November 2015 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 February 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
16 CASTLE ACRE is 80m² according to the EPC inspection conducted in August 2024. 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 CASTLE ACRE lies on this distribution: 11% of detached houses are smaller than 16 CASTLE ACRE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
16 CASTLE ACRE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 16 CASTLE ACRE, 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 CASTLE ACRE). 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.
16 CASTLE ACRE is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 16 on CASTLE ACRE.