2, GADDESDEN CRESCENT, WAVENDON GATE, MILTON KEYNES, MK7 7SG - £360,000

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

2 GADDESDEN CRESCENT is a very small detached house of 88m², built sometime between 1991 and 1995. It was last sold for £360,000 in January 2021, which was around 20% below the average January 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

2 GADDESDEN CRESCENT Sold Prices

Land registry data shows four sales for 2 GADDESDEN CRESCENT 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 2 GADDESDEN CRESCENT 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
2021 15 JAN	£360,000	£449,211	20% below HPI
2013 1 NOV	£249,995	£297,600	16% below HPI
2007 16 JUL	£245,000	£291,864	16% below HPI
2001 23 MAY	£124,000	£152,637	19% below HPI

2 GADDESDEN CRESCENT 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 2 GADDESDEN CRESCENT sales between May 2001 and January 2021 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 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 GADDESDEN CRESCENT?

2 GADDESDEN CRESCENT is 88m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 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 GADDESDEN CRESCENT lies on this distribution: 18% of detached houses are smaller than 2 GADDESDEN CRESCENT, and 82% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 GADDESDEN CRESCENT: Plot and Title Map

2 GADDESDEN CRESCENT sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 2 GADDESDEN CRESCENT, 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 GADDESDEN CRESCENT). 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 GADDESDEN CRESCENT?

2 GADDESDEN CRESCENT is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 2 on GADDESDEN CRESCENT.