3, CADMAN SQUARE, SHENLEY LODGE, MILTON KEYNES, MK5 7DN - £775,000

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

3 CADMAN SQUARE is a very large detached house of 195m², built sometime between 1983 and 1990. It was last sold for £775,000 in September 2021, which was around 63% above the average September 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was C.

3 CADMAN SQUARE Sold Prices

Land registry data shows four sales for 3 CADMAN SQUARE 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 3 CADMAN SQUARE sales were 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
2021 3 SEP	£775,000	£475,618	63% above HPI
2006 12 MAY	£436,400	£255,831	71% above HPI
2003 19 AUG	£369,000	£227,612	62% above HPI
1998 1 MAY	£162,500	£102,848	58% above HPI

3 CADMAN SQUARE 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 3 CADMAN SQUARE sales between May 1998 and September 2021 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 2006 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the September 2021 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 3 CADMAN SQUARE?

3 CADMAN SQUARE is 195m² according to the EPC inspection conducted in July 2021. This puts it in the largest 10% 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 3 CADMAN SQUARE lies on this distribution: 90% of detached houses are smaller than 3 CADMAN SQUARE, and 9% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 CADMAN SQUARE: Plot and Title Map

3 CADMAN SQUARE sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 3 CADMAN SQUARE, 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 3 CADMAN SQUARE). 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 3 CADMAN SQUARE?

3 CADMAN SQUARE is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 3 on CADMAN SQUARE.