39, RHODES PLACE, OLDBROOK, MILTON KEYNES, MK6 2LT - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

39 RHODES PLACE is a very small detached house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £192,971. It was last sold for £175,000 in May 2022, which was around 66% below the average May 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.

39 RHODES PLACE Sold Prices

Land registry data shows four sales for 39 RHODES PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 39 RHODES 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 24 MAY	£175,000	£512,766	66% below HPI
2003 8 AUG	£141,000	£235,271	40% below HPI
1999 10 DEC	£78,000	£131,254	41% below HPI
1997 31 JUL	£66,950	£97,046	31% below HPI

39 RHODES 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 four 39 RHODES PLACE sales between July 1997 and May 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 August 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2022 sale, where it falls to 66% below the HPI. The line then continues to track at 66% below the HPI.

What might 39 RHODES PLACE be worth now?

39 RHODES PLACE might now be worth an estimated £192,971.

This is based on house price inflation of 10.3%, between May 2022 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.3% inflationary increase is applied to the most recent sale price for 39 RHODES PLACE of £175,000 on 24th May 2022. For the value to have increased from £175,000 to £192,971 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 39 RHODES PLACE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The May 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 39 RHODES PLACE has not materially changed since May 2022.

How Large is 39 RHODES PLACE?

39 RHODES PLACE is 65m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 39 RHODES PLACE lies on this distribution: 3% of detached houses houses are smaller than 39 RHODES PLACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

39 RHODES PLACE: Plot and Title Map

39 RHODES PLACE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 39 RHODES 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 39 RHODES 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 39 RHODES PLACE?

39 RHODES PLACE is located in OLDBROOK, in the MK6 postcode district. The below map shows the position of No. 39 on RHODES PLACE.