3, PROCTOR RISE, GRANGE FARM, MILTON KEYNES, MK8 0PJ - £675,000

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 PROCTOR RISE is a large extended detached house of 162m², built sometime between 2003 and 2006. It was last sold for £675,000 in October 2022, which was around 29% above the average October 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

3 PROCTOR RISE Sold Prices

Land registry data shows three sales for 3 PROCTOR RISE since 1^st 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 3 PROCTOR RISE 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
2022 26 OCT	£675,000	£522,914	29% above HPI
2015 7 AUG	£370,000	£367,219	1% above HPI
2006 3 JUL	£326,116	£262,329	24% above HPI

3 PROCTOR RISE 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 three 3 PROCTOR RISE sales between July 2006 and October 2022 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 August 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 3 PROCTOR RISE?

3 PROCTOR RISE is 162m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 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 3 PROCTOR RISE lies on this distribution: 79% of detached houses are smaller than 3 PROCTOR RISE, and 21% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 PROCTOR RISE: Plot and Title Map

3 PROCTOR RISE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 3 PROCTOR RISE, 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 PROCTOR RISE). 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 PROCTOR RISE?

3 PROCTOR RISE is located in GRANGE FARM, in the MK8 postcode district. The below map shows the position of No. 3 on PROCTOR RISE.