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 THE SPINNEY is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £247,000 in April 2015, which was around 30% below the average April 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 29 THE SPINNEY since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the six 29 THE SPINNEY 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 22 APR | £247,000 | £351,345 | 30% below HPI |
2013 1 MAY | £205,000 | £287,007 | 29% below HPI |
2011 13 MAY | £195,000 | £267,276 | 27% below HPI |
2007 11 JAN | £200,000 | £274,463 | 27% below HPI |
2001 27 APR | £119,000 | £149,708 | 21% below HPI |
1996 20 DEC | £62,250 | £88,961 | 30% 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 six 29 THE SPINNEY sales between December 1996 and April 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 May 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
29 THE SPINNEY is 89m² according to the EPC inspection conducted in September 2023. 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 THE SPINNEY lies on this distribution: 18% of detached houses are smaller than 29 THE SPINNEY, and 81% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
29 THE SPINNEY sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 29 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY is located in BRADWELL, in the MK13 postcode district. The below map shows the position of No. 29 on THE SPINNEY.