16, THORNCLIFFE, TWO MILE ASH, MILTON KEYNES, MK8 8DT - £382,000

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 THORNCLIFFE is a small detached house of 100m², built sometime between 1976 and 1982. It was last sold for £382,000 in January 2021, which was around 15% below the average January 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

16 THORNCLIFFE Sold Prices

Land registry data shows four sales for 16 THORNCLIFFE 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. Most of the four 16 THORNCLIFFE 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
2021 15 JAN	£382,000	£449,211	15% below HPI
2014 9 DEC	£345,000	£342,647	1% above HPI
2005 2 SEP	£222,000	£250,356	11% below HPI
2004 27 AUG	£245,000	£248,498	1% below HPI

16 THORNCLIFFE 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 THORNCLIFFE sales between August 2004 and January 2021 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 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 THORNCLIFFE?

16 THORNCLIFFE is 100m² according to the EPC inspection conducted in May 2011. 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 THORNCLIFFE lies on this distribution: 29% of detached houses are smaller than 16 THORNCLIFFE, and 71% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 THORNCLIFFE: Plot and Title Map

16 THORNCLIFFE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 16 THORNCLIFFE, 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 THORNCLIFFE). 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 THORNCLIFFE?

16 THORNCLIFFE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 16 on THORNCLIFFE.