25, SPENCER, STANTONBURY, MILTON KEYNES, MK14 6BQ - £222,000

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

25 SPENCER is a very small detached house of 64m², built sometime between 1991 and 1995. It was last sold for £222,000 in March 2018, which was around 49% below the average March 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

25 SPENCER Sold Prices

Land registry data shows three sales for 25 SPENCER 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 25 SPENCER 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
2018 16 MAR	£222,000	£435,928	49% below HPI
2014 20 JUN	£190,000	£323,731	41% below HPI
2007 28 SEP	£170,000	£301,908	44% below HPI

25 SPENCER 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 25 SPENCER sales between September 2007 and March 2018 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 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 25 SPENCER?

25 SPENCER is 64m² according to the EPC inspection conducted in February 2014. 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 25 SPENCER lies on this distribution: 3% of detached houses are smaller than 25 SPENCER, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

25 SPENCER: Plot and Title Map

25 SPENCER sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 25 SPENCER, 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 25 SPENCER). 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 25 SPENCER?

25 SPENCER is located in STANTONBURY, in the MK14 postcode district. The below map shows the position of No. 25 on SPENCER.