27, WATERCRESS WAY, BROUGHTON, MILTON KEYNES, MK10 7AJ - £480,000

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

27 WATERCRESS WAY is a large extended detached house of 139m², built sometime between 2003 and 2006. It was last sold for £480,000 in April 2024, which was around 5% below the average April 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

27 WATERCRESS WAY Sold Prices

Land registry data shows three sales for 27 WATERCRESS WAY 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. Two of the three 27 WATERCRESS WAY sales were for below the average price, whilst one was for above 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 19 APR	£480,000	£506,959	5% below HPI
2016 1 SEP	£398,000	£409,388	3% below HPI
2008 4 DEC	£304,000	£255,515	19% above HPI

27 WATERCRESS WAY 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 27 WATERCRESS WAY sales between December 2008 and April 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 September 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 27 WATERCRESS WAY?

27 WATERCRESS WAY is 139m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% 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 27 WATERCRESS WAY lies on this distribution: 65% of detached houses are smaller than 27 WATERCRESS WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

27 WATERCRESS WAY: Plot and Title Map

27 WATERCRESS WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 27 WATERCRESS WAY, 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 27 WATERCRESS WAY). 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 27 WATERCRESS WAY?

27 WATERCRESS WAY is located in BROUGHTON, in the MK10 postcode district. The below map shows the position of No. 27 on WATERCRESS WAY.