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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 LATIMER is a small detached house of 101m², built sometime between 1976 and 1982. It was last sold for £395,000 in September 2017, which was around 9% 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	£433,212	9% below HPI
2013 23 SEP	£290,000	£294,794	2% below HPI
2007 29 JUN	£283,000	£290,794	3% below HPI
2005 9 JUN	£240,000	£253,939	5% 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

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 in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 16 LATIMER lies on this distribution: 29% of detached 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.