16, HIGH THORN PIECE, REDHOUSE PARK, MILTON KEYNES, MK14 5FR - £745,000

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 HIGH THORN PIECE is a very large extended detached house of 206m², built sometime between 2007 and 2011. It was last sold for £745,000 in March 2023, which was around 45% above the average March 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

16 HIGH THORN PIECE Sold Prices

Land registry data shows two sales for 16 HIGH THORN PIECE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 16 HIGH THORN PIECE 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
2023 30 MAR	£745,000	£512,125	45% above HPI
2011 30 NOV	£435,000	£281,741	54% above HPI

16 HIGH THORN PIECE 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 two 16 HIGH THORN PIECE sales from November 2011 and March 2023 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 November 2011 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2023 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 16 HIGH THORN PIECE?

16 HIGH THORN PIECE is 206m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 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 HIGH THORN PIECE lies on this distribution: 92% of detached houses are smaller than 16 HIGH THORN PIECE, and 7% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 HIGH THORN PIECE: Plot and Title Map

16 HIGH THORN PIECE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 16 HIGH THORN PIECE, 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 HIGH THORN PIECE). 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 HIGH THORN PIECE?

16 HIGH THORN PIECE is located in REDHOUSE PARK, in the MK14 postcode district. The below map shows the position of No. 16 on HIGH THORN PIECE.