2, COTTAGE COMMON, LOUGHTON, MILTON KEYNES, MK5 8AE - £840,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 COTTAGE COMMON is a very large extended detached house of 238m², built sometime between 1996 and 2002, which could now be worth an estimated £1,030,104. It was last sold for £840,000 in December 2020, which was around 82% above the average December 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

2 COTTAGE COMMON Sold Prices

Land registry data shows three sales for 2 COTTAGE COMMON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 2 COTTAGE COMMON 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 18 DEC	£840,000	£461,076	82% above HPI
2015 10 DEC	£670,000	£398,646	68% above HPI
1999 27 AUG	£272,995	£122,041	124% above HPI

2 COTTAGE COMMON 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 three 2 COTTAGE COMMON sales between August 1999 and December 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 December 2015 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the December 2020 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might 2 COTTAGE COMMON be worth now?

2 COTTAGE COMMON might now be worth an estimated £1,030,104.

This is based on house price inflation of 22.6%, between December 2020 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.6% inflationary increase is applied to the most recent sale price for 2 COTTAGE COMMON of £840,000 on 18th December 2020. For the value to have increased from £840,000 to £1,030,104 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 COTTAGE COMMON has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The December 2020 sale price of £840,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COTTAGE COMMON has not materially changed since December 2020.

How Large is 2 COTTAGE COMMON?

2 COTTAGE COMMON is 238m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 2 COTTAGE COMMON lies on this distribution: 97% of detached houses houses are smaller than 2 COTTAGE COMMON, and 3% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 COTTAGE COMMON: Plot and Title Map

2 COTTAGE COMMON sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 2 COTTAGE COMMON, 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 2 COTTAGE COMMON). 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 2 COTTAGE COMMON?

2 COTTAGE COMMON is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 2 on COTTAGE COMMON.