67, FAVELL DRIVE, FURZTON, MILTON KEYNES, MK4 1AX - £378,000

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

67 FAVELL DRIVE is a small extended detached house of 97m², built sometime between 1976 and 1982. It was last sold for £378,000 in July 2022, which was around 25% below the average July 2022 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.

67 FAVELL DRIVE Sold Prices

Land registry data shows five sales for 67 FAVELL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 67 FAVELL DRIVE 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
2022 1 JUL	£378,000	£504,774	25% below HPI
2019 15 JUL	£285,000	£435,413	35% below HPI
2008 25 JUL	£209,995	£292,906	28% below HPI
2003 11 JUL	£159,995	£224,157	29% below HPI
1998 2 OCT	£69,000	£106,585	35% below HPI

67 FAVELL DRIVE 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 five 67 FAVELL DRIVE sales between October 1998 and July 2022 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 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 67 FAVELL DRIVE?

67 FAVELL DRIVE is 97m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% 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 67 FAVELL DRIVE lies on this distribution: 26% of detached houses are smaller than 67 FAVELL DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

67 FAVELL DRIVE: Plot and Title Map

67 FAVELL DRIVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 67 FAVELL DRIVE, 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 67 FAVELL DRIVE). 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 67 FAVELL DRIVE?

67 FAVELL DRIVE is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 67 on FAVELL DRIVE.