Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
51 WEDGWOOD AVENUE is a small detached house of 110m², built sometime between 1967 and 1975. It was last sold for £345,000 in June 2013, which was around 19% above the average June 2013 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 51 WEDGWOOD AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the five 51 WEDGWOOD AVENUE sales were 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 |
---|---|---|---|
2013 12 JUN | £345,000 | £290,128 | 19% above HPI |
2006 19 OCT | £249,999 | £270,292 | 8% below HPI |
2004 13 JAN | £205,000 | £240,869 | 15% below HPI |
1997 11 JUL | £109,000 | £93,887 | 16% above HPI |
1995 10 MAR | £119,995 | £81,992 | 46% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The five 51 WEDGWOOD AVENUE sales between March 1995 and June 2013 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 October 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2013 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
51 WEDGWOOD AVENUE is 110m² according to the EPC inspection conducted in May 2024. 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 51 WEDGWOOD AVENUE lies on this distribution: 37% of detached houses are smaller than 51 WEDGWOOD AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
51 WEDGWOOD AVENUE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 51 WEDGWOOD AVENUE, 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 WEDGWOOD AVENUE). 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.
51 WEDGWOOD AVENUE is located in BLAKELANDS, in the MK14 postcode district. The below map shows the position of No. 51 on WEDGWOOD AVENUE.