18, HOCKLIFFE BRAE, WALNUT TREE, MILTON KEYNES, MK7 7BQ - £325,000

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

18 HOCKLIFFE BRAE is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £325,000 in November 2018, which was around 26% below the average November 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

18 HOCKLIFFE BRAE Sold Prices

Land registry data shows four sales for 18 HOCKLIFFE BRAE 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 HOCKLIFFE BRAE 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
2018 1 NOV	£325,000	£437,952	26% below HPI
2013 24 JUN	£220,000	£290,128	24% below HPI
2006 16 MAR	£191,000	£254,802	25% below HPI
1999 18 JUN	£93,000	£114,102	18% below HPI

18 HOCKLIFFE BRAE 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 HOCKLIFFE BRAE sales between June 1999 and November 2018 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 June 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 18 HOCKLIFFE BRAE?

18 HOCKLIFFE BRAE is 93m², which includes one extension, according to the EPC inspection conducted in June 2018. 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 18 HOCKLIFFE BRAE lies on this distribution: 22% of detached houses are smaller than 18 HOCKLIFFE BRAE, and 77% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 HOCKLIFFE BRAE: Plot and Title Map

18 HOCKLIFFE BRAE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 18 HOCKLIFFE BRAE, 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 HOCKLIFFE BRAE). 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 HOCKLIFFE BRAE?

18 HOCKLIFFE BRAE is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 18 on HOCKLIFFE BRAE.