28, VELLAN AVENUE, FISHERMEAD, MILTON KEYNES, MK6 2SW - £377,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 VELLAN AVENUE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £377,500 in November 2023, which was around 27% below the average November 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

28 VELLAN AVENUE Sold Prices

Land registry data shows four sales for 28 VELLAN AVENUE 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 28 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
2023 30 NOV	£377,500	£514,772	27% below HPI
2016 22 JAN	£243,000	£390,376	38% below HPI
2007 8 MAY	£187,000	£284,393	34% below HPI
2006 21 DEC	£157,250	£272,536	42% below HPI

28 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 four 28 VELLAN AVENUE sales between December 2006 and November 2023 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 January 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 28 VELLAN AVENUE?

28 VELLAN AVENUE is 94m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% 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 VELLAN AVENUE lies on this distribution: 23% of detached houses are smaller than 28 VELLAN AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

28 VELLAN AVENUE: Plot and Title Map

28 VELLAN AVENUE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 28 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 28 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 28 VELLAN AVENUE?

28 VELLAN AVENUE is located in FISHERMEAD, in the MK6 postcode district. The below map shows the position of No. 28 on VELLAN AVENUE.