48, PARKLANDS, GREAT LINFORD, MILTON KEYNES, MK14 5DZ - £565,000

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

48 PARKLANDS is a midsized detached house of 114m², built sometime between 1976 and 1982. It was last sold for £565,000 in August 2022, which was around 10% above the average August 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

48 PARKLANDS Sold Prices

Land registry data shows three sales for 48 PARKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the three 48 PARKLANDS sales were for above the average price, whilst one was 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
2022 30 AUG	£565,000	£514,949	10% above HPI
2021 8 JAN	£470,000	£449,211	5% above HPI
2013 31 JUL	£285,000	£292,968	3% below HPI

48 PARKLANDS 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 three 48 PARKLANDS sales between July 2013 and August 2022 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 January 2021 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 48 PARKLANDS?

48 PARKLANDS is 114m² according to the EPC inspection conducted in May 2013. 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 48 PARKLANDS lies on this distribution: 41% of detached houses are smaller than 48 PARKLANDS, and 58% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

48 PARKLANDS: Plot and Title Map

48 PARKLANDS sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 48 PARKLANDS, 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 48 PARKLANDS). 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 48 PARKLANDS?

48 PARKLANDS is located in GREAT LINFORD, in the MK14 postcode district. The below map shows the position of No. 48 on PARKLANDS.