18, CASTLE ACRE, MONKSTON, MILTON KEYNES, MK10 9HS - £375,000

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

18 CASTLE ACRE is a small extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £375,000 in June 2019, which was around 12% below the average June 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

18 CASTLE ACRE Sold Prices

Land registry data shows four sales for 18 CASTLE ACRE 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 18 CASTLE ACRE 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
2019 21 JUN	£375,000	£425,795	12% below HPI
2018 16 FEB	£375,000	£439,578	15% below HPI
2003 9 MAY	£207,000	£225,931	8% below HPI
2002 26 JUN	£169,000	£186,552	9% below HPI

18 CASTLE ACRE 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 18 CASTLE ACRE sales between June 2002 and June 2019 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 February 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 18 CASTLE ACRE?

18 CASTLE ACRE is 108m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% 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 18 CASTLE ACRE lies on this distribution: 35% of detached houses are smaller than 18 CASTLE ACRE, and 64% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 CASTLE ACRE: Plot and Title Map

18 CASTLE ACRE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 18 CASTLE ACRE, 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 18 CASTLE ACRE). 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 18 CASTLE ACRE?

18 CASTLE ACRE is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 18 on CASTLE ACRE.