Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 THORPENESS CROFT is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £389,000 in September 2023, which was around 25% below the average September 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 3 THORPENESS CROFT since 1st 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 THORPENESS CROFT 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 9 SEP | £389,000 | £515,329 | 25% below HPI |
2018 27 JUL | £330,000 | £439,174 | 25% below HPI |
2007 20 APR | £218,500 | £279,712 | 22% below HPI |
2002 25 APR | £128,995 | £177,121 | 27% 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 four 3 THORPENESS CROFT sales between April 2002 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 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2023 sale, which was also at 25% below the HPI.
3 THORPENESS CROFT is 73m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 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 THORPENESS CROFT lies on this distribution: 7% of detached houses are smaller than 3 THORPENESS CROFT, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
3 THORPENESS CROFT sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 3 THORPENESS CROFT, 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 THORPENESS CROFT). 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.
3 THORPENESS CROFT is located in TATTENHOE, in the MK4 postcode district. The below map shows the position of No. 3 on THORPENESS CROFT.