31, COLESBOURNE DRIVE, DOWNHEAD PARK, MILTON KEYNES, MK15 9AL - £545,000

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

31 COLESBOURNE DRIVE is a large extended detached house of 151m², built sometime between 1983 and 1990. It was last sold for £545,000 in November 2019, which was around 27% above the average November 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

31 COLESBOURNE DRIVE Sold Prices

Land registry data shows three sales for 31 COLESBOURNE DRIVE 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 31 COLESBOURNE 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
2019 8 NOV	£545,000	£430,649	27% above HPI
2009 28 AUG	£294,995	£255,433	15% above HPI
1997 10 JUL	£120,000	£93,887	28% above HPI

31 COLESBOURNE 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 three 31 COLESBOURNE DRIVE sales between July 1997 and November 2019 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 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2019 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 31 COLESBOURNE DRIVE?

31 COLESBOURNE DRIVE is 151m², which includes one extension, according to the EPC inspection conducted in September 2018. 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 31 COLESBOURNE DRIVE lies on this distribution: 74% of detached houses are smaller than 31 COLESBOURNE DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

31 COLESBOURNE DRIVE: Plot and Title Map

31 COLESBOURNE DRIVE sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of 31 COLESBOURNE 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 COLESBOURNE 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 COLESBOURNE DRIVE?

31 COLESBOURNE DRIVE is located in DOWNHEAD PARK, in the MK15 postcode district. The below map shows the position of No. 31 on COLESBOURNE DRIVE.