40, EDGECOTE, GREAT HOLM, MILTON KEYNES, MK8 9ER - £378,000

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 EDGECOTE is a very small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £378,000 in August 2021, which was around 20% below the average August 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

40 EDGECOTE Sold Prices

Land registry data shows three sales for 40 EDGECOTE 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. All of the three 40 EDGECOTE 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
2021 13 AUG	£378,000	£472,367	20% below HPI
2012 1 JUN	£225,000	£279,271	19% below HPI
2008 4 APR	£220,000	£297,045	26% below HPI

40 EDGECOTE 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 40 EDGECOTE sales between April 2008 and August 2021 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 June 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 40 EDGECOTE?

40 EDGECOTE is 86m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% 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 EDGECOTE lies on this distribution: 16% of detached houses are smaller than 40 EDGECOTE, and 83% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 EDGECOTE: Plot and Title Map

40 EDGECOTE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 40 EDGECOTE, 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 EDGECOTE). 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 EDGECOTE?

40 EDGECOTE is located in GREAT HOLM, in the MK8 postcode district. The below map shows the position of No. 40 on EDGECOTE.