61, LEAFIELD RISE, TWO MILE ASH, MILTON KEYNES, MK8 8BX - £340,000

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

61 LEAFIELD RISE is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £340,000 in March 2018, which was around 22% below the average March 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

61 LEAFIELD RISE Sold Prices

Land registry data shows three sales for 61 LEAFIELD RISE since 1^st 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 61 LEAFIELD RISE 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
2018 16 MAR	£340,000	£435,928	22% below HPI
2005 28 SEP	£174,000	£250,356	30% below HPI
1997 28 NOV	£81,000	£97,943	17% below HPI

61 LEAFIELD RISE 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 three 61 LEAFIELD RISE sales between November 1997 and March 2018 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 September 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 61 LEAFIELD RISE?

61 LEAFIELD RISE is 83m² according to the EPC inspection conducted in December 2017. 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 61 LEAFIELD RISE lies on this distribution: 13% of detached houses are smaller than 61 LEAFIELD RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

61 LEAFIELD RISE: Plot and Title Map

61 LEAFIELD RISE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 61 LEAFIELD RISE, 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 61 LEAFIELD RISE). 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 61 LEAFIELD RISE?

61 LEAFIELD RISE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 61 on LEAFIELD RISE.