2, NORTHLEIGH, FURZTON, MILTON KEYNES, MK4 1ED - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NORTHLEIGH is a midsized extended detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £457,884. It was last sold for £235,000 in February 2012, which was around 19% below the average February 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

2 NORTHLEIGH Sold Prices

Land registry data shows two sales for 2 NORTHLEIGH 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 NORTHLEIGH 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
2012 10 FEB	£235,000	£290,193	19% below HPI
2000 17 AUG	£130,000	£148,602	13% below HPI

2 NORTHLEIGH 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 NORTHLEIGH sales from August 2000 and February 2012 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 August 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 NORTHLEIGH be worth now?

2 NORTHLEIGH might now be worth an estimated £457,884.

This is based on house price inflation of 94.8%, between February 2012 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 94.8% inflationary increase is applied to the most recent sale price for 2 NORTHLEIGH of £235,000 on 10th February 2012. For the value to have increased from £235,000 to £457,884 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 2 NORTHLEIGH has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2012 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NORTHLEIGH has not materially changed since February 2012.

How Large is 2 NORTHLEIGH?

2 NORTHLEIGH is 113m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 2 NORTHLEIGH lies on this distribution: 41% of detached houses houses are smaller than 2 NORTHLEIGH, and 59% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 NORTHLEIGH: Plot and Title Map

2 NORTHLEIGH sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 2 NORTHLEIGH, 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 NORTHLEIGH). 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 NORTHLEIGH?

2 NORTHLEIGH is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 2 on NORTHLEIGH.