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
61 WEDGWOOD AVENUE is a large extended detached house of 142m², built sometime between 1983 and 1990. It was last sold for £485,000 in March 2021, which was around 7% above the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 61 WEDGWOOD AVENUE since 1st 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 61 WEDGWOOD AVENUE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2021 31 MAR | £485,000 | £451,575 | 7% above HPI |
2015 29 JUL | £385,000 | £360,200 | 7% above HPI |
2007 11 APR | £277,500 | £279,712 | 1% below HPI |
2002 20 SEP | £203,000 | £203,334 | Close to HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 61 WEDGWOOD AVENUE sales between September 2002 and March 2021 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 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2021 sale, which was also at 7% above the HPI.
61 WEDGWOOD AVENUE is 142m², which includes one extension, according to the EPC inspection conducted in January 2015. 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 61 WEDGWOOD AVENUE lies on this distribution: 68% of detached houses are smaller than 61 WEDGWOOD AVENUE, and 32% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
61 WEDGWOOD AVENUE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 61 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 61 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.
61 WEDGWOOD AVENUE is located in BLAKELANDS, in the MK14 postcode district. The below map shows the position of No. 61 on WEDGWOOD AVENUE.