5, CHALWELL RIDGE, SHENLEY BROOK END, MILTON KEYNES, MK5 7HN - £282,000

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

5 CHALWELL RIDGE is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £282,000 in May 2015, which was around 19% below the average May 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

5 CHALWELL RIDGE Sold Prices

Land registry data shows five sales for 5 CHALWELL RIDGE 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 5 CHALWELL RIDGE 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
2015 29 MAY	£282,000	£349,538	19% below HPI
2011 8 APR	£227,000	£262,983	14% below HPI
2002 31 MAY	£154,995	£181,287	15% below HPI
2000 29 DEC	£124,000	£150,700	18% below HPI
1995 3 MAR	£71,500	£81,992	13% below HPI

5 CHALWELL RIDGE 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 5 CHALWELL RIDGE sales between March 1995 and May 2015 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 April 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 CHALWELL RIDGE?

5 CHALWELL RIDGE is 90m² according to the EPC inspection conducted in August 2009. 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 5 CHALWELL RIDGE lies on this distribution: 20% of detached houses are smaller than 5 CHALWELL RIDGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 CHALWELL RIDGE: Plot and Title Map

5 CHALWELL RIDGE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 5 CHALWELL RIDGE, 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 CHALWELL RIDGE). 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 5 CHALWELL RIDGE?

5 CHALWELL RIDGE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 5 on CHALWELL RIDGE.