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 THORPENESS CROFT is a midsized extended detached house of 119m², built sometime between 1991 and 1995. It was last sold for £368,950 in August 2019, which was around 14% below the average August 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 2 THORPENESS CROFT since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the six 2 THORPENESS CROFT 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 |
---|---|---|---|
2019 22 AUG | £368,950 | £431,471 | 14% below HPI |
2019 28 JUN | £355,000 | £425,795 | 17% below HPI |
2007 9 NOV | £210,000 | £306,776 | 32% below HPI |
2005 11 JAN | £200,000 | £253,564 | 21% below HPI |
2002 23 DEC | £178,000 | £216,960 | 18% below HPI |
2002 26 APR | £128,995 | £177,121 | 27% 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 six 2 THORPENESS CROFT sales between April 2002 and August 2019 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 June 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
2 THORPENESS CROFT is 119m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% 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 THORPENESS CROFT lies on this distribution: 46% of detached houses are smaller than 2 THORPENESS CROFT, and 53% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
2 THORPENESS CROFT sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 2 THORPENESS CROFT, 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 THORPENESS CROFT). 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 THORPENESS CROFT is located in TATTENHOE, in the MK4 postcode district. The below map shows the position of No. 2 on THORPENESS CROFT.