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
7 IBSTONE AVENUE is a small detached house of 100m², built sometime between 1991 and 1995. It was last sold for £310,000 in April 2015, which was around 12% below the average April 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 IBSTONE AVENUE since 1st 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. Two of the three 7 IBSTONE AVENUE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2015 17 APR | £310,000 | £351,345 | 12% below HPI |
2000 24 MAR | £140,000 | £129,821 | 8% above HPI |
1995 12 MAY | £79,500 | £81,964 | 3% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 7 IBSTONE AVENUE sales between May 1995 and April 2015 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 March 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
7 IBSTONE AVENUE is 100m² according to the EPC inspection conducted in October 2014. 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 7 IBSTONE AVENUE lies on this distribution: 29% of detached houses are smaller than 7 IBSTONE AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
7 IBSTONE AVENUE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 7 IBSTONE 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 7 IBSTONE 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.
7 IBSTONE AVENUE is located in BRADWELL COMMON, in the MK13 postcode district. The below map shows the position of No. 7 on IBSTONE AVENUE.