38, IBSTONE AVENUE, BRADWELL COMMON, MILTON KEYNES, MK13 8EE - £193,000

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

38 IBSTONE AVENUE is a very small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £193,000 in August 2012, which was around 32% below the average August 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

38 IBSTONE AVENUE Sold Prices

Land registry data shows two sales for 38 IBSTONE AVENUE 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 38 IBSTONE AVENUE 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
2012 30 AUG	£193,000	£284,349	32% below HPI
2009 17 SEP	£180,000	£257,032	30% below HPI

38 IBSTONE AVENUE 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 38 IBSTONE AVENUE sales from September 2009 and August 2012 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 September 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2012 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 IBSTONE AVENUE?

38 IBSTONE AVENUE is 81m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% 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 38 IBSTONE AVENUE lies on this distribution: 12% of detached houses are smaller than 38 IBSTONE AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

38 IBSTONE AVENUE: Plot and Title Map

38 IBSTONE AVENUE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 38 IBSTONE AVENUE, 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 38 IBSTONE AVENUE). 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 38 IBSTONE AVENUE?

38 IBSTONE AVENUE is located in BRADWELL COMMON, in the MK13 postcode district. The below map shows the position of No. 38 on IBSTONE AVENUE.