25, TOWER DRIVE, NEATH HILL, MILTON KEYNES, MK14 6HX - £285,000

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

25 TOWER DRIVE is a very small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £285,000 in July 2018, which was around 35% below the average July 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

25 TOWER DRIVE Sold Prices

Land registry data shows four sales for 25 TOWER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 25 TOWER DRIVE 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 27 JUL	£285,000	£439,174	35% below HPI
2012 27 JUL	£171,000	£281,068	39% below HPI
2002 1 MAR	£106,995	£176,785	39% below HPI
1995 3 MAR	£47,000	£81,992	43% below HPI

25 TOWER DRIVE 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 four 25 TOWER DRIVE sales between March 1995 and July 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 July 2012 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 25 TOWER DRIVE?

25 TOWER DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% 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 TOWER DRIVE lies on this distribution: 15% of detached houses are smaller than 25 TOWER DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

25 TOWER DRIVE: Plot and Title Map

25 TOWER DRIVE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 25 TOWER DRIVE, 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 TOWER DRIVE). 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 TOWER DRIVE?

25 TOWER DRIVE is located in NEATH HILL, in the MK14 postcode district. The below map shows the position of No. 25 on TOWER DRIVE.