2, HANDEL MEAD, OLD FARM PARK, MILTON KEYNES, MK7 8QA - £675,000

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 HANDEL MEAD is a large extended detached house of 164m², built sometime between 1996 and 2002. It was last sold for £675,000 in April 2023, which was around 30% above the average April 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

2 HANDEL MEAD Sold Prices

Land registry data shows three sales for 2 HANDEL MEAD 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 HANDEL MEAD 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
2023 14 APR	£675,000	£520,697	30% above HPI
2006 22 SEP	£389,000	£268,453	45% above HPI
1996 31 OCT	£146,950	£86,071	71% above HPI

2 HANDEL MEAD 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 HANDEL MEAD sales between October 1996 and April 2023 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 September 2006 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2023 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 2 HANDEL MEAD?

2 HANDEL MEAD is 164m², which includes two extensions, according to the EPC inspection conducted in November 2022. 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 HANDEL MEAD lies on this distribution: 80% of detached houses are smaller than 2 HANDEL MEAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 HANDEL MEAD: Plot and Title Map

2 HANDEL MEAD sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of 2 HANDEL MEAD, 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 HANDEL MEAD). 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 HANDEL MEAD?

2 HANDEL MEAD is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 2 on HANDEL MEAD.