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
29 MELTON is a small extended semi-detached house of 96m², built sometime between 1950 and 1966. It was last sold for £230,000 in January 2015, which was around 33% below the average January 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 29 MELTON since 1st 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. All of the three 29 MELTON 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 |
---|---|---|---|
2015 9 JAN | £230,000 | £341,733 | 33% below HPI |
2008 7 NOV | £196,000 | £259,592 | 24% below HPI |
2006 5 JAN | £170,000 | £250,250 | 32% 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 three 29 MELTON sales between January 2006 and January 2015 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 November 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
29 MELTON is 96m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 29 MELTON lies on this distribution: 25% of detached houses are smaller than 29 MELTON, and 74% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
29 MELTON sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 29 MELTON, 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 29 MELTON). 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.
29 MELTON is located in STANTONBURY, in the MK14 postcode district. The below map shows the position of No. 29 on MELTON.