2, CRANBORNE AVENUE, WESTCROFT, MILTON KEYNES, MK4 4DP - £515,000

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

2 CRANBORNE AVENUE is a very large detached house of 167m², built sometime between 1996 and 2002. It was last sold for £515,000 in July 2017, which was around 21% above the average July 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 CRANBORNE AVENUE Sold Prices

Land registry data shows three sales for 2 CRANBORNE AVENUE 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 CRANBORNE AVENUE 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
2017 27 JUL	£515,000	£426,115	21% above HPI
2014 27 NOV	£425,000	£339,053	25% above HPI
2004 28 MAY	£284,995	£240,853	18% above HPI

2 CRANBORNE AVENUE 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 CRANBORNE AVENUE sales between May 2004 and July 2017 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 November 2014 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2017 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2 CRANBORNE AVENUE?

2 CRANBORNE AVENUE is 167m² according to the EPC inspection conducted in July 2014. This puts it in the largest 20% 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 2 CRANBORNE AVENUE lies on this distribution: 81% of detached houses are smaller than 2 CRANBORNE AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 CRANBORNE AVENUE: Plot and Title Map

2 CRANBORNE AVENUE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 2 CRANBORNE AVENUE, 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 CRANBORNE AVENUE). 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 CRANBORNE AVENUE?

2 CRANBORNE AVENUE is located in WESTCROFT, in the MK4 postcode district. The below map shows the position of No. 2 on CRANBORNE AVENUE.