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
43 WEDGWOOD AVENUE is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £545,000 in June 2021, which was around 20% above the average June 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 43 WEDGWOOD AVENUE since 1st 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 43 WEDGWOOD AVENUE sales 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 |
---|---|---|---|
2021 23 JUN | £545,000 | £452,914 | 20% above HPI |
2006 14 DEC | £284,995 | £272,536 | 5% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 43 WEDGWOOD AVENUE sales from December 2006 and June 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 December 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
43 WEDGWOOD AVENUE is 118m² according to the EPC inspection conducted in January 2021. 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 43 WEDGWOOD AVENUE lies on this distribution: 45% of detached houses are smaller than 43 WEDGWOOD AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
43 WEDGWOOD AVENUE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 43 WEDGWOOD AVENUE, 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 43 WEDGWOOD AVENUE). 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.
43 WEDGWOOD AVENUE is located in BLAKELANDS, in the MK14 postcode district. The below map shows the position of No. 43 on WEDGWOOD AVENUE.