21, CHIPPING VALE, EMERSON VALLEY, MILTON KEYNES, MK4 2JW - £415,000

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

21 CHIPPING VALE is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £415,000 in November 2023, which was around 20% below the average November 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

21 CHIPPING VALE Sold Prices

Land registry data shows three sales for 21 CHIPPING VALE 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 21 CHIPPING VALE 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
2023 24 NOV	£415,000	£515,719	20% below HPI
2014 17 OCT	£315,000	£339,421	7% below HPI
1998 18 DEC	£97,000	£108,408	11% below HPI

21 CHIPPING VALE 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 21 CHIPPING VALE sales between December 1998 and November 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 October 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 21 CHIPPING VALE?

21 CHIPPING VALE is 114m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 21 CHIPPING VALE lies on this distribution: 41% of detached houses are smaller than 21 CHIPPING VALE, and 58% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

21 CHIPPING VALE: Plot and Title Map

21 CHIPPING VALE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 21 CHIPPING VALE, 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 21 CHIPPING VALE). 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 21 CHIPPING VALE?

21 CHIPPING VALE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 21 on CHIPPING VALE.