40, STONE HILL, TWO MILE ASH, MILTON KEYNES, MK8 8LR - £275,000

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 STONE HILL is a large extended detached house of 142m², built sometime between 1983 and 1990. It was last sold for £275,000 in September 2012, which was around 6% below the average September 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

40 STONE HILL Sold Prices

Land registry data shows three sales for 40 STONE HILL 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. One of the three 40 STONE HILL sales was for below the average price, whilst two 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
2012 5 SEP	£275,000	£291,714	6% below HPI
2002 27 SEP	£218,000	£203,334	7% above HPI
1997 18 JUL	£97,500	£93,887	4% above HPI

40 STONE HILL 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 STONE HILL sales between July 1997 and September 2012 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 September 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 40 STONE HILL?

40 STONE HILL is 142m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 STONE HILL lies on this distribution: 68% of detached houses are smaller than 40 STONE HILL, and 32% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 STONE HILL: Plot and Title Map

40 STONE HILL sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 40 STONE HILL, 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 STONE HILL). 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 STONE HILL?

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