5, MEAD CRESCENT, REDHOUSE PARK, MILTON KEYNES, MK14 5FX - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MEAD CRESCENT is a very small detached house of 80m², which could now be worth an estimated £397,685. It was last sold for £310,000 in June 2017, which was around 30% below the average June 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was B.

5 MEAD CRESCENT Sold Prices

Land registry data shows two sales for 5 MEAD CRESCENT 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 MEAD CRESCENT 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
2017 27 JUN	£310,000	£440,755	30% below HPI
2013 1 NOV	£229,950	£307,613	25% below HPI

5 MEAD CRESCENT 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 MEAD CRESCENT sales from November 2013 and June 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 November 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 MEAD CRESCENT be worth now?

5 MEAD CRESCENT might now be worth an estimated £397,685.

This is based on house price inflation of 28.3%, between June 2017 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.3% inflationary increase is applied to the most recent sale price for 5 MEAD CRESCENT of £310,000 on 27th June 2017. For the value to have increased from £310,000 to £397,685 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 5 MEAD CRESCENT has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2017 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEAD CRESCENT has not materially changed since June 2017.

How Large is 5 MEAD CRESCENT?

5 MEAD CRESCENT is 80m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 5 MEAD CRESCENT lies on this distribution: 11% of detached houses houses are smaller than 5 MEAD CRESCENT, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 MEAD CRESCENT: Plot and Title Map

5 MEAD CRESCENT sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 5 MEAD CRESCENT, 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 MEAD CRESCENT). 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 MEAD CRESCENT?

5 MEAD CRESCENT is located in REDHOUSE PARK, in the MK14 postcode district. The below map shows the position of No. 5 on MEAD CRESCENT.