16, COLESBOURNE DRIVE, DOWNHEAD PARK, MILTON KEYNES, MK15 9AU - £424,995

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 COLESBOURNE DRIVE is a large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £424,995 in October 2015, which was around 12% above the average October 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

16 COLESBOURNE DRIVE Sold Prices

Land registry data shows three sales for 16 COLESBOURNE DRIVE 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 16 COLESBOURNE DRIVE sales were for above 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 28 OCT	£424,995	£380,182	12% above HPI
2007 22 MAY	£353,500	£284,393	24% above HPI
1995 20 OCT	£115,000	£82,358	40% above HPI

16 COLESBOURNE DRIVE 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 16 COLESBOURNE DRIVE sales between October 1995 and October 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 May 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2015 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 16 COLESBOURNE DRIVE?

16 COLESBOURNE DRIVE is 145m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% 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 COLESBOURNE DRIVE lies on this distribution: 70% of detached houses are smaller than 16 COLESBOURNE DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 COLESBOURNE DRIVE: Plot and Title Map

16 COLESBOURNE DRIVE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 16 COLESBOURNE DRIVE, 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 COLESBOURNE DRIVE). 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 COLESBOURNE DRIVE?

16 COLESBOURNE DRIVE is located in DOWNHEAD PARK, in the MK15 postcode district. The below map shows the position of No. 16 on COLESBOURNE DRIVE.