Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
47 SUMMERHAYES is a small extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £380,000 in June 2018, which was around 14% below the average June 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 47 SUMMERHAYES 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. One of the two 47 SUMMERHAYES sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2018 19 JUN | £380,000 | £440,071 | 14% below HPI |
1997 29 SEP | £96,500 | £95,580 | 1% 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 47 SUMMERHAYES sales from September 1997 and June 2018 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 September 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
47 SUMMERHAYES is 113m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% 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 SUMMERHAYES lies on this distribution: 40% of detached houses are smaller than 47 SUMMERHAYES, and 59% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
47 SUMMERHAYES sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 47 SUMMERHAYES, 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 SUMMERHAYES). 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 SUMMERHAYES is located in GREAT LINFORD, in the MK14 postcode district. The below map shows the position of No. 47 on SUMMERHAYES.