40, BOWLAND DRIVE, EMERSON VALLEY, MILTON KEYNES, MK4 2DN - £450,000

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

40 BOWLAND DRIVE is a large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £450,000 in November 2015, which was around 17% above the average November 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

40 BOWLAND DRIVE Sold Prices

Land registry data shows two sales for 40 BOWLAND DRIVE 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 40 BOWLAND 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
2015 13 NOV	£450,000	£383,698	17% above HPI
1999 23 JUL	£169,950	£115,544	47% above HPI

40 BOWLAND DRIVE 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 40 BOWLAND DRIVE sales from July 1999 and November 2015 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 1999 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 40 BOWLAND DRIVE?

40 BOWLAND DRIVE is 140m² according to the EPC inspection conducted in April 2015. This puts it in the largest 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 40 BOWLAND DRIVE lies on this distribution: 66% of detached houses are smaller than 40 BOWLAND DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 BOWLAND DRIVE: Plot and Title Map

40 BOWLAND DRIVE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 40 BOWLAND 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 40 BOWLAND 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.

Where is 40 BOWLAND DRIVE?

40 BOWLAND DRIVE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 40 on BOWLAND DRIVE.