16, CRESSEY AVENUE, SHENLEY BROOK END, MILTON KEYNES, MK5 7EL - £439,995

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 CRESSEY AVENUE is a large detached house of 139m², built sometime from 2007 onwards. It was last sold for £439,995 in September 2020, which was around 2% below the average September 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

16 CRESSEY AVENUE Sold Prices

Land registry data shows three sales for 16 CRESSEY AVENUE 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. One of the three 16 CRESSEY AVENUE sales was for below the average price, whilst two 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
2020 25 SEP	£439,995	£447,548	2% below HPI
2006 11 DEC	£299,995	£272,536	10% above HPI
1996 3 MAY	£112,000	£84,626	32% above HPI

16 CRESSEY AVENUE 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 CRESSEY AVENUE sales between May 1996 and September 2020 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 December 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 16 CRESSEY AVENUE?

16 CRESSEY AVENUE is 139m² according to the EPC inspection conducted in August 2019. This puts it in the largest 40% 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 CRESSEY AVENUE lies on this distribution: 65% of detached houses are smaller than 16 CRESSEY AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 CRESSEY AVENUE: Plot and Title Map

16 CRESSEY AVENUE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 16 CRESSEY AVENUE, 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 CRESSEY AVENUE). 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 CRESSEY AVENUE?

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