31, SADDLERS PLACE, DOWNS BARN, MILTON KEYNES, MK14 7RU - £295,000

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 SADDLERS PLACE is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £295,000 in April 2022, which was around 40% below the average April 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

31 SADDLERS PLACE Sold Prices

Land registry data shows two sales for 31 SADDLERS PLACE 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 SADDLERS PLACE 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
2022 8 APR	£295,000	£494,428	40% below HPI
2006 20 JAN	£139,000	£250,250	44% below HPI

31 SADDLERS PLACE 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 SADDLERS PLACE sales from January 2006 and April 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 January 2006 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 31 SADDLERS PLACE?

31 SADDLERS PLACE is 56m² according to the EPC inspection conducted in November 2021. 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 31 SADDLERS PLACE lies on this distribution: 1% of detached houses are smaller than 31 SADDLERS PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

31 SADDLERS PLACE: Plot and Title Map

31 SADDLERS PLACE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 31 SADDLERS PLACE, 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 SADDLERS PLACE). 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 SADDLERS PLACE?

31 SADDLERS PLACE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 31 on SADDLERS PLACE.