31, TOWER DRIVE, NEATH HILL, MILTON KEYNES, MK14 6HX - £274,000

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

31 TOWER DRIVE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £274,000 in September 2019, which was around 36% below the average September 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

31 TOWER DRIVE Sold Prices

Land registry data shows two sales for 31 TOWER 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 TOWER DRIVE 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
2019 16 SEP	£274,000	£431,305	36% below HPI
2019 27 JUN	£280,000	£425,795	34% below HPI

31 TOWER 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 TOWER DRIVE sales from June 2019 and September 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 June 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 31 TOWER DRIVE?

31 TOWER DRIVE is 77m² according to the EPC inspection conducted in June 2019. 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 TOWER DRIVE lies on this distribution: 9% of detached houses are smaller than 31 TOWER DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

31 TOWER DRIVE: Plot and Title Map

31 TOWER DRIVE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 31 TOWER 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 TOWER 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 TOWER DRIVE?

31 TOWER DRIVE is located in NEATH HILL, in the MK14 postcode district. The below map shows the position of No. 31 on TOWER DRIVE.