31, BOWLAND DRIVE, EMERSON VALLEY, MILTON KEYNES, MK4 2DN - £248,650

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

31 BOWLAND DRIVE is a very large extended detached house of 179m², built sometime between 1996 and 2002. It was last sold for £248,650 in October 2002, which was around 20% above the average October 2002 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

31 BOWLAND DRIVE Sold Prices

Land registry data shows two sales for 31 BOWLAND DRIVE 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 31 BOWLAND DRIVE 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
2002 31 OCT	£248,650	£207,419	20% above HPI
1996 25 OCT	£133,000	£86,071	55% above HPI

31 BOWLAND DRIVE 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 31 BOWLAND DRIVE sales from October 1996 and October 2002 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 October 1996 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 2002 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 31 BOWLAND DRIVE?

31 BOWLAND DRIVE is 179m², which includes one extension, according to the EPC inspection conducted in April 2018. 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 31 BOWLAND DRIVE lies on this distribution: 86% of detached houses are smaller than 31 BOWLAND DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

31 BOWLAND DRIVE: Plot and Title Map

31 BOWLAND DRIVE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 31 BOWLAND DRIVE, 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 31 BOWLAND DRIVE). 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 31 BOWLAND DRIVE?

31 BOWLAND DRIVE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 31 on BOWLAND DRIVE.