40, WHITE HORSE DRIVE, EMERSON VALLEY, MILTON KEYNES, MK4 2AR - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 WHITE HORSE DRIVE is a very small extended detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £447,858. It was last sold for £225,000 in August 2011, which was around 21% below the average August 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

40 WHITE HORSE DRIVE Sold Prices

Land registry data shows two sales for 40 WHITE HORSE 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 WHITE HORSE 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
2011 2 AUG	£225,000	£284,064	21% below HPI
2002 15 FEB	£142,500	£181,289	21% below HPI

40 WHITE HORSE 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 WHITE HORSE DRIVE sales from February 2002 and August 2011 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 February 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2011 sale, which was also at 21% below the HPI.

What might 40 WHITE HORSE DRIVE be worth now?

40 WHITE HORSE DRIVE might now be worth an estimated £447,858.

This is based on house price inflation of 99%, between August 2011 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 99% inflationary increase is applied to the most recent sale price for 40 WHITE HORSE DRIVE of £225,000 on 2nd August 2011. For the value to have increased from £225,000 to £447,858 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 40 WHITE HORSE DRIVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2011 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 40 WHITE HORSE DRIVE has not materially changed since August 2011.

How Large is 40 WHITE HORSE DRIVE?

40 WHITE HORSE DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 40 WHITE HORSE DRIVE lies on this distribution: 17% of detached houses houses are smaller than 40 WHITE HORSE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

40 WHITE HORSE DRIVE: Plot and Title Map

40 WHITE HORSE DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 40 WHITE HORSE 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 WHITE HORSE 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 WHITE HORSE DRIVE?

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