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
47 IBSTONE AVENUE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £243,000 in October 2014, which was around 28% below the average October 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 47 IBSTONE AVENUE since 1st 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 47 IBSTONE AVENUE 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 |
---|---|---|---|
2014 10 OCT | £243,000 | £339,421 | 28% below HPI |
2005 1 JUL | £202,000 | £252,584 | 20% below HPI |
2000 1 MAR | £108,000 | £129,821 | 17% below HPI |
2000 25 FEB | £104,000 | £127,693 | 19% below HPI |
1995 29 JUN | £22,950 | £83,156 | 72% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The five 47 IBSTONE AVENUE sales between June 1995 and October 2014 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 July 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
47 IBSTONE AVENUE is 85m² according to the EPC inspection conducted in June 2014. 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 47 IBSTONE AVENUE lies on this distribution: 15% of detached houses are smaller than 47 IBSTONE AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
47 IBSTONE AVENUE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 47 IBSTONE 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 47 IBSTONE 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.
47 IBSTONE AVENUE is located in BRADWELL COMMON, in the MK13 postcode district. The below map shows the position of No. 47 on IBSTONE AVENUE.