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 WALLMEAD GARDENS is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £332,500 in February 2024, which was around 35% below the average February 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 25 WALLMEAD GARDENS since 1st 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 25 WALLMEAD GARDENS 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 |
---|---|---|---|
2024 5 FEB | £332,500 | £515,069 | 35% below HPI |
2018 31 OCT | £310,000 | £442,097 | 30% below HPI |
2009 6 MAR | £165,000 | £238,214 | 31% below HPI |
2003 16 OCT | £184,000 | £233,033 | 21% below HPI |
2003 17 APR | £145,000 | £229,446 | 37% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The five 25 WALLMEAD GARDENS sales between April 2003 and February 2024 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 October 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
25 WALLMEAD GARDENS is 69m² according to the EPC inspection conducted in September 2018. 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 WALLMEAD GARDENS lies on this distribution: 4% of detached houses are smaller than 25 WALLMEAD GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
25 WALLMEAD GARDENS sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 25 WALLMEAD GARDENS, 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 WALLMEAD GARDENS). 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.
25 WALLMEAD GARDENS is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 25 on WALLMEAD GARDENS.