50, VERYAN PLACE, FISHERMEAD, MILTON KEYNES, MK6 2SR - £180,000

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.

50 VERYAN PLACE is a very small detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £326,829. It was last sold for £180,000 in February 2014, which was around 42% below the average February 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

50 VERYAN PLACE Sold Prices

Land registry data shows four sales for 50 VERYAN PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 50 VERYAN PLACE 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 3 FEB	£180,000	£311,405	42% below HPI
2009 18 FEB	£160,000	£251,581	36% below HPI
1999 25 JUN	£92,000	£117,941	22% below HPI
1997 26 SEP	£93,000	£98,796	6% below HPI

50 VERYAN PLACE 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 four 50 VERYAN PLACE sales between September 1997 and February 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 February 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2014 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 50 VERYAN PLACE be worth now?

50 VERYAN PLACE might now be worth an estimated £326,829.

This is based on house price inflation of 81.6%, between February 2014 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 81.6% inflationary increase is applied to the most recent sale price for 50 VERYAN PLACE of £180,000 on 3rd February 2014. For the value to have increased from £180,000 to £326,829 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 50 VERYAN PLACE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 50 VERYAN PLACE has not materially changed since February 2014.

How Large is 50 VERYAN PLACE?

50 VERYAN PLACE is 87m² according to the EPC inspection conducted in May 2015. 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 50 VERYAN PLACE lies on this distribution: 17% of detached houses houses are smaller than 50 VERYAN PLACE, and 83% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

50 VERYAN PLACE: Plot and Title Map

50 VERYAN PLACE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 50 VERYAN PLACE, 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 50 VERYAN PLACE). 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 50 VERYAN PLACE?

50 VERYAN PLACE is located in FISHERMEAD, in the MK6 postcode district. The below map shows the position of No. 50 on VERYAN PLACE.