25, VELLAN AVENUE, FISHERMEAD, MILTON KEYNES, MK6 2SN - £223,000

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 VELLAN AVENUE is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £223,000 in June 2008, which was around 23% below the average June 2008 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2024, where the current energy rating was B, and the potential energy rating was A.

25 VELLAN AVENUE Sold Prices

Land registry data shows two sales for 25 VELLAN AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 25 VELLAN AVENUE 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
2008 17 JUN	£223,000	£290,473	23% below HPI
2005 10 JUN	£188,000	£253,939	26% below HPI

25 VELLAN AVENUE 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 two 25 VELLAN AVENUE sales from June 2005 and June 2008 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 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2008 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 25 VELLAN AVENUE?

25 VELLAN AVENUE is 118m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 50% 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 VELLAN AVENUE lies on this distribution: 45% of detached houses are smaller than 25 VELLAN AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

25 VELLAN AVENUE: Plot and Title Map

25 VELLAN AVENUE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 25 VELLAN AVENUE, 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 VELLAN AVENUE). 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 VELLAN AVENUE?

25 VELLAN AVENUE is located in FISHERMEAD, in the MK6 postcode district. The below map shows the position of No. 25 on VELLAN AVENUE.