51, VERYAN PLACE, FISHERMEAD, MILTON KEYNES, MK6 2SP - £218,000

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 VERYAN PLACE is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £281,412. It was last sold for £218,000 in July 2020, which was around 16% below the average July 2020 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was B.

51 VERYAN PLACE Sold Prices

Land registry data shows two sales for 51 VERYAN PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 51 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
2020 30 JUL	£218,000	£260,865	16% below HPI
2000 4 FEB	£26,500	£71,822	63% below HPI

51 VERYAN PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 51 VERYAN PLACE sales from February 2000 and July 2020 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 2000 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the July 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 51 VERYAN PLACE be worth now?

51 VERYAN PLACE might now be worth an estimated £281,412.

This is based on house price inflation of 29.1%, between July 2020 and February 2025, for semi-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 29.1% inflationary increase is applied to the most recent sale price for 51 VERYAN PLACE of £218,000 on 30th July 2020. For the value to have increased from £218,000 to £281,412 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 51 VERYAN PLACE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The July 2020 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 51 VERYAN PLACE has not materially changed since July 2020.

How Large is 51 VERYAN PLACE?

51 VERYAN PLACE is 55m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 51 VERYAN PLACE lies on this distribution: 1% of semi-detached houses houses are smaller than 51 VERYAN PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

51 VERYAN PLACE: Plot and Title Map

51 VERYAN PLACE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 51 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 51 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 51 VERYAN PLACE?

51 VERYAN PLACE is located in FISHERMEAD, in the MK6 postcode district. The below map shows the position of No. 51 on VERYAN PLACE.