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
37 BOWLAND DRIVE is a midsized extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £435,000 in January 2021, which was around 3% below the average January 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 37 BOWLAND DRIVE since 1st 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. One of the two 37 BOWLAND DRIVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2021 21 JAN | £435,000 | £449,211 | 3% below HPI |
1997 27 MAR | £118,000 | £87,083 | 36% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 37 BOWLAND DRIVE sales from March 1997 and January 2021 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 March 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
37 BOWLAND DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 50% 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 37 BOWLAND DRIVE lies on this distribution: 44% of detached houses are smaller than 37 BOWLAND DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
37 BOWLAND DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 37 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 37 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.
37 BOWLAND DRIVE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 37 on BOWLAND DRIVE.