2, KEPWICK, TWO MILE ASH, MILTON KEYNES, MK8 8HF - £93,000

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 KEPWICK is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £93,000 in April 2021, which was around 79% below the average April 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

2 KEPWICK Sold Prices

Land registry data shows two sales for 2 KEPWICK 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 2 KEPWICK 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 30 APR	£93,000	£448,635	79% below HPI
2014 31 OCT	£52,500	£339,421	85% below HPI

2 KEPWICK 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 2 KEPWICK sales from October 2014 and April 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 October 2014 sale was for 85% below the HPI. So the extrapolation line tracks at 85% below the HPI over time, until the April 2021 sale, where it rises to 79% below the HPI. The line then continues to track at 79% below the HPI.

How Large is 2 KEPWICK?

2 KEPWICK is 67m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% 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 KEPWICK lies on this distribution: 4% of detached houses are smaller than 2 KEPWICK, and 96% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 KEPWICK: Plot and Title Map

2 KEPWICK sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 2 KEPWICK, 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 KEPWICK). 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 KEPWICK?

2 KEPWICK is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 2 on KEPWICK.