394, SIMPSON, SIMPSON, MILTON KEYNES, MK6 3AL - £452,650

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

394 SIMPSON is a small detached house of 110m², built sometime between 2007 and 2011. It was last sold for £452,650 in August 2021, which was around 4% below the average August 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

394 SIMPSON Sold Prices

Land registry data shows two sales for 394 SIMPSON 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 394 SIMPSON 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
2021 11 AUG	£452,650	£472,367	4% below HPI
2021 30 JUL	£452,650	£461,183	2% below HPI

394 SIMPSON 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 394 SIMPSON sales from July 2021 and August 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 July 2021 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 394 SIMPSON?

394 SIMPSON is 110m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% 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 394 SIMPSON lies on this distribution: 37% of detached houses are smaller than 394 SIMPSON, and 62% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

394 SIMPSON: Plot and Title Map

394 SIMPSON sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 394 SIMPSON, 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 394 SIMPSON). 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 394 SIMPSON?

394 SIMPSON is located in SIMPSON, in the MK6 postcode district. The below map shows the position of No. 394 on SIMPSON.