18, MARCELLUS WAY, FAIRFIELDS, MILTON KEYNES, MK11 4AD - £492,500

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 MARCELLUS WAY is a large detached house of 139m². It was last sold for £492,500 in September 2020, which was around 10% above the average September 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2016, where the current energy rating was A, and the potential energy rating was A.

18 MARCELLUS WAY Sold Prices

Land registry data shows two sales for 18 MARCELLUS WAY 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 18 MARCELLUS WAY sales were for above 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
2020 22 SEP	£492,500	£447,548	10% above HPI
2016 20 MAY	£469,995	£405,509	16% above HPI

18 MARCELLUS WAY 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 18 MARCELLUS WAY sales from May 2016 and September 2020 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 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 18 MARCELLUS WAY?

18 MARCELLUS WAY is 139m² according to the EPC inspection conducted in April 2016. This puts it in the largest 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 MARCELLUS WAY lies on this distribution: 65% of detached houses are smaller than 18 MARCELLUS WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 MARCELLUS WAY: Plot and Title Map

18 MARCELLUS WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 18 MARCELLUS WAY, 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 MARCELLUS WAY). 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 MARCELLUS WAY?

18 MARCELLUS WAY is located in FAIRFIELDS, in the MK11 postcode district. The below map shows the position of No. 18 on MARCELLUS WAY.