5, THE CRAVEN, HEELANDS, MILTON KEYNES, MK13 7QR - £275,000

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 THE CRAVEN is a small detached house of 111m², built sometime between 1983 and 1990. It was last sold for £275,000 in June 2014, which was around 15% below the average June 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

5 THE CRAVEN Sold Prices

Land registry data shows two sales for 5 THE CRAVEN 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 THE CRAVEN 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
2014 9 JUN	£275,000	£323,731	15% below HPI
1996 7 JUN	£77,995	£84,308	7% below HPI

5 THE CRAVEN 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 THE CRAVEN sales from June 1996 and June 2014 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 June 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 THE CRAVEN?

5 THE CRAVEN is 111m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 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 THE CRAVEN lies on this distribution: 38% of detached houses are smaller than 5 THE CRAVEN, and 61% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 THE CRAVEN: Plot and Title Map

5 THE CRAVEN sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 5 THE CRAVEN, 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 THE CRAVEN). 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 THE CRAVEN?

5 THE CRAVEN is located in HEELANDS, in the MK13 postcode district. The below map shows the position of No. 5 on THE CRAVEN.