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
56 ERIDGE GREEN is a midsized extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £238,000 in September 2003, which was around 2% above the average September 2003 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 56 ERIDGE GREEN since 1st 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. All of the three 56 ERIDGE GREEN 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 |
---|---|---|---|
2003 5 SEP | £238,000 | £233,788 | 2% above HPI |
2002 19 JUL | £202,000 | £191,081 | 6% above HPI |
1997 7 NOV | £122,950 | £97,943 | 26% 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 three 56 ERIDGE GREEN sales between November 1997 and September 2003 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 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2003 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
56 ERIDGE GREEN is 121m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% 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 56 ERIDGE GREEN lies on this distribution: 48% of detached houses are smaller than 56 ERIDGE GREEN, and 51% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
56 ERIDGE GREEN sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 56 ERIDGE GREEN, 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 56 ERIDGE GREEN). 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.
56 ERIDGE GREEN is located in KENTS HILL, in the MK7 postcode district. The below map shows the position of No. 56 on ERIDGE GREEN.