4, BACKLEYS, CALDECOTTE, MILTON KEYNES, MK7 8LL - £238,000

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

4 BACKLEYS is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £238,000 in October 2013, which was around 20% below the average October 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

4 BACKLEYS Sold Prices

Land registry data shows three sales for 4 BACKLEYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the three 4 BACKLEYS sales were for below the average price, whilst one 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
2013 18 OCT	£238,000	£295,858	20% below HPI
2009 2 MAR	£187,000	£238,214	21% below HPI
1999 17 DEC	£135,995	£126,981	7% above HPI

4 BACKLEYS 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 three 4 BACKLEYS sales between December 1999 and October 2013 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 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2013 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 BACKLEYS?

4 BACKLEYS is 92m² according to the EPC inspection conducted in October 2008. 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 4 BACKLEYS lies on this distribution: 21% of detached houses are smaller than 4 BACKLEYS, and 78% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 BACKLEYS: Plot and Title Map

4 BACKLEYS sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 4 BACKLEYS, 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 4 BACKLEYS). 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 4 BACKLEYS?

4 BACKLEYS is located in CALDECOTTE, in the MK7 postcode district. The below map shows the position of No. 4 on BACKLEYS.