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 COLESBOURNE DRIVE is a large detached house of 147m², built sometime between 1983 and 1990. It was last sold for £367,000 in May 2014, which was around 16% above the average May 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 COLESBOURNE DRIVE since 1st 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. All of the three 4 COLESBOURNE DRIVE sales were 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 |
---|---|---|---|
2014 23 MAY | £367,000 | £316,946 | 16% above HPI |
2004 20 AUG | £272,000 | £248,498 | 9% above HPI |
2002 5 APR | £235,000 | £177,121 | 33% above HPI |
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 COLESBOURNE DRIVE sales between April 2002 and May 2014 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 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2014 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
4 COLESBOURNE DRIVE is 147m² according to the EPC inspection conducted in November 2011. This puts it in the largest 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 COLESBOURNE DRIVE lies on this distribution: 71% of detached houses are smaller than 4 COLESBOURNE DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
4 COLESBOURNE DRIVE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 4 COLESBOURNE DRIVE, 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 COLESBOURNE DRIVE). 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.
4 COLESBOURNE DRIVE is located in DOWNHEAD PARK, in the MK15 postcode district. The below map shows the position of No. 4 on COLESBOURNE DRIVE.