40, LEAFIELD RISE, TWO MILE ASH, MILTON KEYNES, MK8 8BU - £405,000

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 LEAFIELD RISE is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £405,000 in October 2016, which was about the average October 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

40 LEAFIELD RISE Sold Prices

Land registry data shows three sales for 40 LEAFIELD RISE 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. The three 40 LEAFIELD RISE sales were a mix of roughly equal to the average price, and 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
2016 28 OCT	£405,000	£404,914	Close to HPI
2006 21 APR	£245,000	£252,926	3% below HPI
2001 20 AUG	£165,000	£165,858	1% below HPI

40 LEAFIELD RISE 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 LEAFIELD RISE sales between August 2001 and October 2016 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 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 40 LEAFIELD RISE?

40 LEAFIELD RISE is 116m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% 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 LEAFIELD RISE lies on this distribution: 43% of detached houses are smaller than 40 LEAFIELD RISE, and 56% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 LEAFIELD RISE: Plot and Title Map

40 LEAFIELD RISE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 40 LEAFIELD RISE, 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 LEAFIELD RISE). 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 LEAFIELD RISE?

40 LEAFIELD RISE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 40 on LEAFIELD RISE.