5, SPOONLEY WOOD, BANCROFT PARK, MILTON KEYNES, MK13 0RD - £338,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 SPOONLEY WOOD is a large detached house of 135m², built sometime between 1983 and 1990. It was last sold for £338,000 in March 2021, which was around 25% below the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

5 SPOONLEY WOOD Sold Prices

Land registry data shows three sales for 5 SPOONLEY WOOD since 1^st 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 SPOONLEY WOOD 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
2021 3 MAR	£338,000	£451,575	25% below HPI
1999 6 AUG	£94,000	£118,068	20% below HPI
1995 28 JUL	£70,500	£84,740	17% below HPI

5 SPOONLEY WOOD 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 three 5 SPOONLEY WOOD sales between July 1995 and March 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 August 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 SPOONLEY WOOD?

5 SPOONLEY WOOD is 135m² according to the EPC inspection conducted in June 2020. 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 SPOONLEY WOOD lies on this distribution: 62% of detached houses are smaller than 5 SPOONLEY WOOD, and 38% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 SPOONLEY WOOD: Plot and Title Map

5 SPOONLEY WOOD sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 5 SPOONLEY WOOD, 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 SPOONLEY WOOD). 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 SPOONLEY WOOD?

5 SPOONLEY WOOD is located in BANCROFT PARK, in the MK13 postcode district. The below map shows the position of No. 5 on SPOONLEY WOOD.