16, SOMERSET WALK, BROUGHTON, MILTON KEYNES, MK10 7DA - £437,000

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 SOMERSET WALK is a small detached house of 91m², built sometime from 2012 onwards. It was last sold for £437,000 in November 2023, which was around 15% below the average November 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

16 SOMERSET WALK Sold Prices

Land registry data shows two sales for 16 SOMERSET WALK 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 SOMERSET WALK 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
2023 6 NOV	£437,000	£514,772	15% below HPI
2010 28 MAY	£225,000	£273,119	18% below HPI

16 SOMERSET WALK 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 SOMERSET WALK sales from May 2010 and November 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 May 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 SOMERSET WALK?

16 SOMERSET WALK is 91m² according to the EPC inspection conducted in May 2023. 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 SOMERSET WALK lies on this distribution: 20% of detached houses are smaller than 16 SOMERSET WALK, and 79% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 SOMERSET WALK: Plot and Title Map

16 SOMERSET WALK sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 16 SOMERSET WALK, 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 SOMERSET WALK). 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 SOMERSET WALK?

16 SOMERSET WALK is located in BROUGHTON, in the MK10 postcode district. The below map shows the position of No. 16 on SOMERSET WALK.