51, LATIMER, STONY STRATFORD, MILTON KEYNES, MK11 1HP - £400,000

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.

51 LATIMER is a small extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £498,225. It was last sold for £400,000 in July 2018, which was around 12% below the average July 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

51 LATIMER Sold Prices

Land registry data shows three sales for 51 LATIMER 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. Two of the three 51 LATIMER sales were for below the average price, whilst one was for above 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
2018 27 JUL	£400,000	£453,951	12% below HPI
2013 12 JUL	£315,000	£302,826	4% above HPI
1997 28 NOV	£98,000	£101,238	3% below HPI

51 LATIMER 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 51 LATIMER sales between November 1997 and July 2018 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 July 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 51 LATIMER be worth now?

51 LATIMER might now be worth an estimated £498,225.

This is based on house price inflation of 24.6%, between July 2018 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 24.6% inflationary increase is applied to the most recent sale price for 51 LATIMER of £400,000 on 27th July 2018. For the value to have increased from £400,000 to £498,225 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 51 LATIMER has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 51 LATIMER has not materially changed since July 2018.

How Large is 51 LATIMER?

51 LATIMER is 105m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% 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 51 LATIMER lies on this distribution: 33% of detached houses houses are smaller than 51 LATIMER, and 67% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

51 LATIMER: Plot and Title Map

51 LATIMER sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 51 LATIMER, 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 51 LATIMER). 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 51 LATIMER?

51 LATIMER is located in STONY STRATFORD, in the MK11 postcode district. The below map shows the position of No. 51 on LATIMER.