21, VELLAN AVENUE, FISHERMEAD, MILTON KEYNES, MK6 2SN - £260,000

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.

21 VELLAN AVENUE is a very small detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £330,238. It was last sold for £260,000 in May 2017, which was around 42% below the average May 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

21 VELLAN AVENUE Sold Prices

Land registry data shows two sales for 21 VELLAN AVENUE 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 21 VELLAN AVENUE 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
2017 5 MAY	£260,000	£445,164	42% below HPI
2007 28 AUG	£218,995	£304,823	28% below HPI

21 VELLAN AVENUE 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 21 VELLAN AVENUE sales from August 2007 and May 2017 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 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 21 VELLAN AVENUE be worth now?

21 VELLAN AVENUE might now be worth an estimated £330,238.

This is based on house price inflation of 27%, between May 2017 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 27% inflationary increase is applied to the most recent sale price for 21 VELLAN AVENUE of £260,000 on 5th May 2017. For the value to have increased from £260,000 to £330,238 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 21 VELLAN AVENUE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 21 VELLAN AVENUE has not materially changed since May 2017.

How Large is 21 VELLAN AVENUE?

21 VELLAN AVENUE is 79m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% 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 21 VELLAN AVENUE lies on this distribution: 10% of detached houses houses are smaller than 21 VELLAN AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

21 VELLAN AVENUE: Plot and Title Map

21 VELLAN AVENUE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 21 VELLAN AVENUE, 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 VELLAN AVENUE). 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 VELLAN AVENUE?

21 VELLAN AVENUE is located in FISHERMEAD, in the MK6 postcode district. The below map shows the position of No. 21 on VELLAN AVENUE.