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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CADMAN SQUARE is a very large detached house of 195m², built sometime between 1983 and 1990, which could now be worth an estimated £891,343. It was last sold for £775,000 in September 2021, which was around 58% 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	£491,622	58% above HPI
2006 12 MAY	£436,400	£264,439	65% above HPI
2003 19 AUG	£369,000	£235,271	57% above HPI
1998 1 MAY	£162,500	£106,308	53% 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 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the September 2021 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 3 CADMAN SQUARE be worth now?

3 CADMAN SQUARE might now be worth an estimated £891,343.

This is based on house price inflation of 15%, between September 2021 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 3 CADMAN SQUARE of £775,000 on 3rd September 2021. For the value to have increased from £775,000 to £891,343 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 CADMAN SQUARE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2021 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CADMAN SQUARE has not materially changed since September 2021.

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 houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 3 CADMAN SQUARE lies on this distribution: 90% of detached houses 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.