3, VERNIER CRESCENT, MEDBOURNE, MILTON KEYNES, MK5 6FD - £630,000

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 VERNIER CRESCENT is a very large detached house of 168m², built sometime between 2003 and 2006. It was last sold for £630,000 in June 2022, which was around 26% above the average June 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

3 VERNIER CRESCENT Sold Prices

Land registry data shows two sales for 3 VERNIER CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 3 VERNIER CRESCENT 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 30 JUN	£630,000	£499,083	26% above HPI
2003 28 MAR	£285,450	£228,396	25% above HPI

3 VERNIER CRESCENT 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 two 3 VERNIER CRESCENT sales from March 2003 and June 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 March 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 VERNIER CRESCENT?

3 VERNIER CRESCENT is 168m² according to the EPC inspection conducted in October 2021. This puts it in the largest 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 3 VERNIER CRESCENT lies on this distribution: 82% of detached houses are smaller than 3 VERNIER CRESCENT, and 18% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 VERNIER CRESCENT: Plot and Title Map

3 VERNIER CRESCENT sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 3 VERNIER CRESCENT, 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 VERNIER CRESCENT). 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 VERNIER CRESCENT?

3 VERNIER CRESCENT is located in MEDBOURNE, in the MK5 postcode district. The below map shows the position of No. 3 on VERNIER CRESCENT.