22, CADMAN SQUARE, SHENLEY LODGE, MILTON KEYNES, MK5 7DW - £451,000

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

22 CADMAN SQUARE is a small extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £451,000 in August 2022, which was around 12% below the average August 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

22 CADMAN SQUARE Sold Prices

Land registry data shows six sales for 22 CADMAN SQUARE since 1^st 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 22 CADMAN SQUARE 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
2022 31 AUG	£451,000	£514,949	12% below HPI
2008 25 MAR	£249,950	£303,366	18% below HPI
2005 24 NOV	£240,000	£251,930	5% below HPI
2003 1 AUG	£178,000	£227,612	22% below HPI
1999 1 FEB	£91,000	£108,197	16% below HPI
1997 24 NOV	£90,000	£97,943	8% below HPI

22 CADMAN SQUARE 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 six 22 CADMAN SQUARE sales between November 1997 and August 2022 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 March 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 22 CADMAN SQUARE?

22 CADMAN SQUARE is 97m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% 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 22 CADMAN SQUARE lies on this distribution: 26% of detached houses are smaller than 22 CADMAN SQUARE, and 73% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

22 CADMAN SQUARE: Plot and Title Map

22 CADMAN SQUARE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 22 CADMAN SQUARE, 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 22 CADMAN SQUARE). 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 22 CADMAN SQUARE?

22 CADMAN SQUARE is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 22 on CADMAN SQUARE.