24, BIRCHEN LEE, EMERSON VALLEY, MILTON KEYNES, MK4 2JX - £205,000

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

24 BIRCHEN LEE is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £205,000 in December 2011, which was around 27% below the average December 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2021, where the current energy rating was B, and the potential energy rating was B.

24 BIRCHEN LEE Sold Prices

Land registry data shows five sales for 24 BIRCHEN LEE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 24 BIRCHEN LEE 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
2011 8 DEC	£205,000	£280,093	27% below HPI
2004 1 MAR	£155,000	£238,410	35% below HPI
2002 26 APR	£143,000	£177,121	19% below HPI
1999 12 FEB	£83,000	£108,197	23% below HPI
1996 17 APR	£74,995	£83,877	11% below HPI

24 BIRCHEN LEE 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 five 24 BIRCHEN LEE sales between April 1996 and December 2011 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 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2011 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 24 BIRCHEN LEE?

24 BIRCHEN LEE is 72m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 24 BIRCHEN LEE lies on this distribution: 6% of detached houses are smaller than 24 BIRCHEN LEE, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

24 BIRCHEN LEE: Plot and Title Map

24 BIRCHEN LEE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 24 BIRCHEN LEE, 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 24 BIRCHEN LEE). 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 24 BIRCHEN LEE?

24 BIRCHEN LEE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 24 on BIRCHEN LEE.