40, HIGHLAND DRIVE, BROUGHTON, MILTON KEYNES, MK10 7FA - £393,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

40 HIGHLAND DRIVE is a very small detached house of 87m², built sometime between 2007 and 2011. It was last sold for £393,000 in March 2024, which was around 24% below the average March 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

40 HIGHLAND DRIVE Sold Prices

Land registry data shows two sales for 40 HIGHLAND 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 HIGHLAND DRIVE 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
2024 8 MAR	£393,000	£516,783	24% below HPI
2013 26 APR	£245,995	£285,169	14% below HPI

40 HIGHLAND 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 HIGHLAND DRIVE sales from April 2013 and March 2024 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 April 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 HIGHLAND DRIVE?

40 HIGHLAND DRIVE is 87m² according to the EPC inspection conducted in September 2021. 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 HIGHLAND DRIVE lies on this distribution: 17% of detached houses are smaller than 40 HIGHLAND DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 HIGHLAND DRIVE: Plot and Title Map

40 HIGHLAND DRIVE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 40 HIGHLAND 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 HIGHLAND 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 HIGHLAND DRIVE?

40 HIGHLAND DRIVE is located in BROUGHTON, in the MK10 postcode district. The below map shows the position of No. 40 on HIGHLAND DRIVE.