4, BROOMLEE, BANCROFT, MILTON KEYNES, MK13 0PU - £380,000

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

4 BROOMLEE is a small extended detached house of 91m², built sometime between 1991 and 1995. It was last sold for £380,000 in March 2023, which was around 26% below the average March 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

4 BROOMLEE Sold Prices

Land registry data shows four sales for 4 BROOMLEE 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 4 BROOMLEE 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
2023 31 MAR	£380,000	£512,125	26% below HPI
2017 17 AUG	£326,000	£427,633	24% below HPI
2002 28 JUN	£132,000	£186,552	29% below HPI
2000 28 JAN	£95,000	£126,282	25% below HPI

4 BROOMLEE 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 4 BROOMLEE sales between January 2000 and March 2023 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 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 BROOMLEE?

4 BROOMLEE is 91m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 BROOMLEE lies on this distribution: 20% of detached houses are smaller than 4 BROOMLEE, and 79% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 BROOMLEE: Plot and Title Map

4 BROOMLEE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 4 BROOMLEE, 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 BROOMLEE). 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 BROOMLEE?

4 BROOMLEE is located in BANCROFT, in the MK13 postcode district. The below map shows the position of No. 4 on BROOMLEE.