16, CHALWELL RIDGE, SHENLEY BROOK END, MILTON KEYNES, MK5 7HN - £335,000

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

16 CHALWELL RIDGE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £335,000 in December 2017, which was around 24% below the average December 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

16 CHALWELL RIDGE Sold Prices

Land registry data shows four sales for 16 CHALWELL RIDGE 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 CHALWELL RIDGE 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 19 DEC	£335,000	£442,444	24% below HPI
2007 23 FEB	£228,000	£276,207	17% below HPI
1998 25 FEB	£89,000	£100,476	11% below HPI
1995 28 APR	£72,500	£81,027	11% below HPI

16 CHALWELL RIDGE 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 CHALWELL RIDGE sales between April 1995 and December 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 February 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 CHALWELL RIDGE?

16 CHALWELL RIDGE is 74m² according to the EPC inspection conducted in September 2011. 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 16 CHALWELL RIDGE lies on this distribution: 8% of detached houses are smaller than 16 CHALWELL RIDGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 CHALWELL RIDGE: Plot and Title Map

16 CHALWELL RIDGE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 16 CHALWELL RIDGE, 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 CHALWELL RIDGE). 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 CHALWELL RIDGE?

16 CHALWELL RIDGE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 16 on CHALWELL RIDGE.