5, PARKMINSTER, MONKSTON, MILTON KEYNES, MK10 9GN - £442,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PARKMINSTER is a very large detached house of 191m², built sometime between 2003 and 2006, which could now be worth an estimated £636,684. It was last sold for £442,500 in October 2015, which was around 13% above the average October 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was C.

5 PARKMINSTER Sold Prices

Land registry data shows two sales for 5 PARKMINSTER 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. One of the two 5 PARKMINSTER sales was for above the average price, whilst the other was roughly equal to 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
2015 14 OCT	£442,500	£392,974	13% above HPI
2002 1 MAR	£182,950	£182,733	Close to HPI

5 PARKMINSTER 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 PARKMINSTER sales from March 2002 and October 2015 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 March 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 5 PARKMINSTER be worth now?

5 PARKMINSTER might now be worth an estimated £636,684.

This is based on house price inflation of 43.9%, between October 2015 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 43.9% inflationary increase is applied to the most recent sale price for 5 PARKMINSTER of £442,500 on 14th October 2015. For the value to have increased from £442,500 to £636,684 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 PARKMINSTER has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The October 2015 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PARKMINSTER has not materially changed since October 2015.

How Large is 5 PARKMINSTER?

5 PARKMINSTER is 191m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 PARKMINSTER lies on this distribution: 89% of detached houses houses are smaller than 5 PARKMINSTER, and 11% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 PARKMINSTER: Plot and Title Map

5 PARKMINSTER sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 5 PARKMINSTER, 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 PARKMINSTER). 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 PARKMINSTER?

5 PARKMINSTER is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 5 on PARKMINSTER.