6, HOCKLIFFE BRAE, WALNUT TREE, MILTON KEYNES, MK7 7BQ - £310,000

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

6 HOCKLIFFE BRAE is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £310,000 in February 2019, which was around 27% below the average February 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

6 HOCKLIFFE BRAE Sold Prices

Land registry data shows four sales for 6 HOCKLIFFE BRAE 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. All of the four 6 HOCKLIFFE BRAE 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
2019 27 FEB	£310,000	£426,303	27% below HPI
2015 18 FEB	£266,000	£348,827	24% below HPI
2006 5 SEP	£209,000	£268,453	22% below HPI
1998 26 NOV	£87,000	£107,323	19% below HPI

6 HOCKLIFFE BRAE 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 HOCKLIFFE BRAE sales between November 1998 and February 2019 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 6 HOCKLIFFE BRAE?

6 HOCKLIFFE BRAE is 89m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% 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 HOCKLIFFE BRAE lies on this distribution: 18% of detached houses are smaller than 6 HOCKLIFFE BRAE, and 81% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 HOCKLIFFE BRAE: Plot and Title Map

6 HOCKLIFFE BRAE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 6 HOCKLIFFE BRAE, 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 HOCKLIFFE BRAE). 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 HOCKLIFFE BRAE?

6 HOCKLIFFE BRAE is located in WALNUT TREE, in the MK7 postcode district. The below map shows the position of No. 6 on HOCKLIFFE BRAE.