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
5 BRICES MEADOW is a small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £543,000 in January 2023, which was around 3% above the average January 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 BRICES MEADOW since 1st 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. All of the three 5 BRICES MEADOW sales were 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 |
---|---|---|---|
2023 13 JAN | £543,000 | £526,130 | 3% above HPI |
2001 19 NOV | £174,500 | £171,996 | 1% above HPI |
1999 12 NOV | £135,000 | £126,613 | 7% 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 three 5 BRICES MEADOW sales between November 1999 and January 2023 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 November 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
5 BRICES MEADOW is 109m², which includes one extension, according to the EPC inspection conducted in July 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 5 BRICES MEADOW lies on this distribution: 36% of detached houses are smaller than 5 BRICES MEADOW, and 63% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
5 BRICES MEADOW sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 5 BRICES MEADOW, 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 5 BRICES MEADOW). 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.
5 BRICES MEADOW is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 5 on BRICES MEADOW.