5, HANDEL MEAD, OLD FARM PARK, MILTON KEYNES, MK7 8QA - £610,000

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 HANDEL MEAD is a midsized extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £610,000 in September 2017, which was around 41% above the average September 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

5 HANDEL MEAD Sold Prices

Land registry data shows four sales for 5 HANDEL MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 5 HANDEL MEAD 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
2017 15 SEP	£610,000	£433,212	41% above HPI
2014 19 MAY	£420,000	£316,946	33% above HPI
2003 20 OCT	£285,000	£233,033	22% above HPI
1996 29 AUG	£122,500	£86,360	42% above HPI

5 HANDEL MEAD 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 four 5 HANDEL MEAD sales between August 1996 and September 2017 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 2014 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2017 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 5 HANDEL MEAD?

5 HANDEL MEAD is 129m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 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 5 HANDEL MEAD lies on this distribution: 56% of detached houses are smaller than 5 HANDEL MEAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 HANDEL MEAD: Plot and Title Map

5 HANDEL MEAD sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 5 HANDEL MEAD, 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 HANDEL MEAD). 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 HANDEL MEAD?

5 HANDEL MEAD is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 5 on HANDEL MEAD.