28, PARKLANDS, GREAT LINFORD, MILTON KEYNES, MK14 5DZ - £395,000

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

28 PARKLANDS is a large extended detached house of 140m², built sometime between 1976 and 1982. It was last sold for £395,000 in January 2018, which was around 9% below the average January 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

28 PARKLANDS Sold Prices

Land registry data shows three sales for 28 PARKLANDS 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 28 PARKLANDS 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
2018 25 JAN	£395,000	£435,652	9% below HPI
2008 28 MAR	£300,000	£303,366	1% below HPI
1997 6 JUN	£107,000	£92,782	15% above HPI

28 PARKLANDS 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 28 PARKLANDS sales between June 1997 and January 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 March 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 28 PARKLANDS?

28 PARKLANDS is 140m², which includes two extensions, according to the EPC inspection conducted in October 2017. 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 28 PARKLANDS lies on this distribution: 66% of detached houses are smaller than 28 PARKLANDS, and 33% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

28 PARKLANDS: Plot and Title Map

28 PARKLANDS sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 28 PARKLANDS, 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 28 PARKLANDS). 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 28 PARKLANDS?

28 PARKLANDS is located in GREAT LINFORD, in the MK14 postcode district. The below map shows the position of No. 28 on PARKLANDS.