45, KEPWICK, TWO MILE ASH, MILTON KEYNES, MK8 8HE - £215,000

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

45 KEPWICK is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £215,000 in March 2016, which was around 47% below the average March 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

45 KEPWICK Sold Prices

Land registry data shows two sales for 45 KEPWICK 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 45 KEPWICK 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
2016 24 MAR	£215,000	£407,266	47% below HPI
2010 14 MAY	£90,000	£273,119	67% below HPI

45 KEPWICK 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 45 KEPWICK sales from May 2010 and March 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 May 2010 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the March 2016 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 45 KEPWICK?

45 KEPWICK is 54m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% 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 45 KEPWICK lies on this distribution: 1% of detached houses are smaller than 45 KEPWICK, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

45 KEPWICK: Plot and Title Map

45 KEPWICK sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 45 KEPWICK, 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 45 KEPWICK). 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 45 KEPWICK?

45 KEPWICK is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 45 on KEPWICK.