45, PICTON STREET, KINGSMEAD, MILTON KEYNES, MK4 4AG - £390,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

45 PICTON STREET is a very small semi-detached house of 87m², built sometime between 1996 and 2002. It was last sold for £390,000 in September 2021, which was around 18% below the average September 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

45 PICTON STREET Sold Prices

Land registry data shows five sales for 45 PICTON STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 45 PICTON STREET 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
2021 30 SEP	£390,000	£475,618	18% below HPI
2015 28 OCT	£283,000	£380,182	26% below HPI
2009 15 MAY	£181,000	£250,496	28% below HPI
2009 17 APR	£200,000	£236,666	15% below HPI
2001 30 MAR	£128,595	£147,253	13% below HPI

45 PICTON STREET 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 five 45 PICTON STREET sales between March 2001 and September 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 October 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 45 PICTON STREET?

45 PICTON STREET is 87m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% 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 PICTON STREET lies on this distribution: 17% of detached houses are smaller than 45 PICTON STREET, and 82% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

45 PICTON STREET: Plot and Title Map

45 PICTON STREET sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 45 PICTON STREET, 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 PICTON STREET). 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 PICTON STREET?

45 PICTON STREET is located in KINGSMEAD, in the MK4 postcode district. The below map shows the position of No. 45 on PICTON STREET.