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 HIDCOTE DRIVE is a large detached house of 150m², built sometime between 2003 and 2006. It was last sold for £540,000 in June 2021, which was around 19% above the average June 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 HIDCOTE DRIVE 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 HIDCOTE DRIVE 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 |
---|---|---|---|
2021 23 JUN | £540,000 | £452,914 | 19% above HPI |
2014 14 FEB | £365,000 | £301,268 | 21% above HPI |
2005 20 MAY | £285,000 | £254,694 | 12% 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 HIDCOTE DRIVE sales between May 2005 and June 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 February 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.
5 HIDCOTE DRIVE is 150m² according to the EPC inspection conducted in June 2013. This puts it in the largest 30% 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 HIDCOTE DRIVE lies on this distribution: 73% of detached houses are smaller than 5 HIDCOTE DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
5 HIDCOTE DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 5 HIDCOTE DRIVE, 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 HIDCOTE DRIVE). 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 HIDCOTE DRIVE is located in WESTCROFT, in the MK4 postcode district. The below map shows the position of No. 5 on HIDCOTE DRIVE.