5, MARCH MEADOW, WAVENDON GATE, MILTON KEYNES, MK7 7TB - £548,500

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 MARCH MEADOW is a large extended detached house of 136m², built sometime between 1991 and 1995. It was last sold for £548,500 in October 2016, which was around 35% above the average October 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

5 MARCH MEADOW Sold Prices

Land registry data shows two sales for 5 MARCH MEADOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 5 MARCH 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
2016 28 OCT	£548,500	£404,914	35% above HPI
2003 10 NOV	£331,000	£237,906	39% above HPI

5 MARCH MEADOW 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 two 5 MARCH MEADOW sales from November 2003 and October 2016 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 2003 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2016 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 5 MARCH MEADOW?

5 MARCH MEADOW is 136m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 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 MARCH MEADOW lies on this distribution: 63% of detached houses are smaller than 5 MARCH MEADOW, and 37% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 MARCH MEADOW: Plot and Title Map

5 MARCH MEADOW sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 5 MARCH 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 MARCH 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.

Where is 5 MARCH MEADOW?

5 MARCH MEADOW is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 5 on MARCH MEADOW.