6, BUNSEN PLACE, SHENLEY LODGE, MILTON KEYNES, MK5 7GS - £480,000

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

6 BUNSEN PLACE is a large detached house of 139m², built sometime between 2003 and 2006. It was last sold for £480,000 in May 2024, which was around 8% below the average May 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

6 BUNSEN PLACE Sold Prices

Land registry data shows four sales for 6 BUNSEN 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. two of the four 6 BUNSEN PLACE sales were for below the average price, and four 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
2024 3 MAY	£480,000	£521,108	8% below HPI
2018 30 MAY	£395,000	£437,245	10% below HPI
2003 13 JUN	£250,000	£222,418	12% above HPI
2002 5 APR	£210,000	£177,121	19% above HPI

6 BUNSEN 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 6 BUNSEN PLACE sales between April 2002 and May 2024 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 May 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 6 BUNSEN PLACE?

6 BUNSEN PLACE is 139m² according to the EPC inspection conducted in January 2024. This puts it in the largest 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 6 BUNSEN PLACE lies on this distribution: 65% of detached houses are smaller than 6 BUNSEN PLACE, and 34% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 BUNSEN PLACE: Plot and Title Map

6 BUNSEN PLACE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 6 BUNSEN 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 6 BUNSEN 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 6 BUNSEN PLACE?

6 BUNSEN PLACE is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 6 on BUNSEN PLACE.