29, MONTGOMERY WAY, GLEBE FARM, MILTON KEYNES, MK17 8YA - £430,000

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

29 MONTGOMERY WAY is a very small detached house of 87m², built in 2021. It was last sold for £430,000 in September 2023, which was around 17% below the average September 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2022, where the current energy rating was B, and the potential energy rating was A.

29 MONTGOMERY WAY Sold Prices

Land registry data shows two sales for 29 MONTGOMERY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 29 MONTGOMERY WAY 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 21 SEP	£430,000	£517,456	17% below HPI
2022 28 JUL	£395,000	£504,774	22% below HPI

29 MONTGOMERY 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 two 29 MONTGOMERY WAY sales from July 2022 and September 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 July 2022 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 29 MONTGOMERY WAY?

29 MONTGOMERY WAY is 87m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% 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 MONTGOMERY WAY lies on this distribution: 17% of detached houses are smaller than 29 MONTGOMERY WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

29 MONTGOMERY WAY: Plot and Title Map

29 MONTGOMERY WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 29 MONTGOMERY 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 29 MONTGOMERY 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 29 MONTGOMERY WAY?

29 MONTGOMERY WAY is located in GLEBE FARM, in the MK17 postcode district. The below map shows the position of No. 29 on MONTGOMERY WAY.