36, PASTERN PLACE, DOWNS BARN, MILTON KEYNES, MK14 7RH - £162,500

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

36 PASTERN PLACE is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £162,500 in July 2003, which was around 28% below the average July 2003 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

36 PASTERN PLACE Sold Prices

Land registry data shows two sales for 36 PASTERN 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 36 PASTERN 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
2003 8 JUL	£162,500	£224,157	28% below HPI
1998 7 AUG	£86,995	£106,595	18% below HPI

36 PASTERN 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 36 PASTERN PLACE sales from August 1998 and July 2003 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 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2003 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 36 PASTERN PLACE?

36 PASTERN PLACE is 93m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 36 PASTERN PLACE lies on this distribution: 22% of detached houses are smaller than 36 PASTERN PLACE, and 77% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

36 PASTERN PLACE: Plot and Title Map

36 PASTERN PLACE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 36 PASTERN 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 36 PASTERN 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 36 PASTERN PLACE?

36 PASTERN PLACE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 36 on PASTERN PLACE.