23, LATIMER, STONY STRATFORD, MILTON KEYNES, MK11 1HP - £515,000

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

23 LATIMER is a small extended detached house of 101m², built sometime between 1976 and 1982. It was last sold for £515,000 in October 2022, which was around 2% below the average October 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

23 LATIMER Sold Prices

Land registry data shows three sales for 23 LATIMER 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. Two of the three 23 LATIMER sales were for below the average price, whilst one was for above 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 14 OCT	£515,000	£522,914	2% below HPI
2017 30 JUN	£412,000	£426,407	3% below HPI
2001 3 AUG	£192,500	£165,858	16% above HPI

23 LATIMER 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 23 LATIMER sales between August 2001 and October 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 June 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 23 LATIMER?

23 LATIMER is 101m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 23 LATIMER lies on this distribution: 30% of detached houses are smaller than 23 LATIMER, and 70% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

23 LATIMER: Plot and Title Map

23 LATIMER sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 23 LATIMER, 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 23 LATIMER). 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 23 LATIMER?

23 LATIMER is located in STONY STRATFORD, in the MK11 postcode district. The below map shows the position of No. 23 on LATIMER.