5, EARDLEY PLACE, GRANGE FARM, MILTON KEYNES, MK8 0PN - £370,000

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 EARDLEY PLACE is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £370,000 in February 2021, which was around 18% below the average February 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

5 EARDLEY PLACE Sold Prices

Land registry data shows three sales for 5 EARDLEY PLACE 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. All of the three 5 EARDLEY PLACE 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
2021 16 FEB	£370,000	£449,865	18% below HPI
2015 1 MAY	£262,500	£349,538	25% below HPI
2004 21 DEC	£185,000	£254,350	27% below HPI

5 EARDLEY PLACE 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 5 EARDLEY PLACE sales between December 2004 and February 2021 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 May 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 EARDLEY PLACE?

5 EARDLEY PLACE is 75m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% 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 EARDLEY PLACE lies on this distribution: 8% of detached houses are smaller than 5 EARDLEY PLACE, and 92% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 EARDLEY PLACE: Plot and Title Map

5 EARDLEY PLACE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 5 EARDLEY PLACE, 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 EARDLEY PLACE). 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 EARDLEY PLACE?

5 EARDLEY PLACE is located in GRANGE FARM, in the MK8 postcode district. The below map shows the position of No. 5 on EARDLEY PLACE.