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 LOWERY CRESCENT is a very small detached house of 72m², built sometime from 2007 onwards. It was last sold for £172,500 in February 2014, which was around 43% below the average February 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 2 LOWERY CRESCENT since 1st 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 LOWERY 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 |
---|---|---|---|
2014 3 FEB | £172,500 | £301,268 | 43% below HPI |
2009 30 SEP | £157,900 | £257,032 | 39% below HPI |
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 LOWERY CRESCENT sales from September 2009 and February 2014 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 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
2 LOWERY CRESCENT is 72m² according to the EPC inspection conducted in July 2011. 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 LOWERY CRESCENT lies on this distribution: 7% of detached houses are smaller than 2 LOWERY CRESCENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
2 LOWERY CRESCENT sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 2 LOWERY 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 LOWERY 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.
2 LOWERY CRESCENT is located in OXLEY PARK, in the MK4 postcode district. The below map shows the position of No. 2 on LOWERY CRESCENT.