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
40 ALTON GATE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £200,000 in April 2005, which was around 20% below the average April 2005 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 40 ALTON GATE since 1st 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 40 ALTON GATE 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 |
---|---|---|---|
2005 11 APR | £200,000 | £250,951 | 20% below HPI |
2002 15 FEB | £137,500 | £175,387 | 22% below HPI |
1999 26 NOV | £111,000 | £126,613 | 12% below HPI |
1998 26 JUN | £89,950 | £104,860 | 14% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 40 ALTON GATE sales between June 1998 and April 2005 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 February 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2005 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
40 ALTON GATE is 70m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% 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 40 ALTON GATE lies on this distribution: 5% of detached houses are smaller than 40 ALTON GATE, and 95% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
40 ALTON GATE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 40 ALTON GATE, 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 40 ALTON GATE). 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.
40 ALTON GATE is located in WESTCROFT, in the MK4 postcode district. The below map shows the position of No. 40 on ALTON GATE.