16, LATIMER, STONY STRATFORD, MILTON KEYNES, MK11 1HY - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 LATIMER is a small detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £498,768. It was last sold for £395,000 in September 2017, which was around 12% below the average September 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

16 LATIMER Sold Prices

Land registry data shows four sales for 16 LATIMER 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 LATIMER 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 29 SEP	£395,000	£447,788	12% below HPI
2013 23 SEP	£290,000	£304,713	5% below HPI
2007 29 JUN	£283,000	£300,579	6% below HPI
2005 9 JUN	£240,000	£262,484	9% below HPI

16 LATIMER 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 LATIMER sales between June 2005 and September 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 September 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 16 LATIMER be worth now?

16 LATIMER might now be worth an estimated £498,768.

This is based on house price inflation of 26.3%, between September 2017 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.3% inflationary increase is applied to the most recent sale price for 16 LATIMER of £395,000 on 29th September 2017. For the value to have increased from £395,000 to £498,768 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 LATIMER has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LATIMER has not materially changed since September 2017.

How Large is 16 LATIMER?

16 LATIMER is 101m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 16 LATIMER lies on this distribution: 29% of detached houses houses are smaller than 16 LATIMER, and 70% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 LATIMER: Plot and Title Map

16 LATIMER sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 16 LATIMER, 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 LATIMER). 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 LATIMER?

16 LATIMER is located in STONY STRATFORD, in the MK11 postcode district. The below map shows the position of No. 16 on LATIMER.