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
7 LUKE PLACE is a midsized extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £385,000 in October 2014, which was around 13% above the average October 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 LUKE PLACE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 7 LUKE PLACE sales were 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 |
---|---|---|---|
2014 15 OCT | £385,000 | £339,421 | 13% above HPI |
2000 29 SEP | £184,500 | £145,865 | 26% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 7 LUKE PLACE sales from September 2000 and October 2014 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 2000 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2014 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.
7 LUKE PLACE is 121m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% 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 LUKE PLACE lies on this distribution: 48% of detached houses are smaller than 7 LUKE PLACE, and 51% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
7 LUKE PLACE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 7 LUKE PLACE, 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 LUKE PLACE). 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 LUKE PLACE is located in MIDDLETON, in the MK10 postcode district. The below map shows the position of No. 7 on LUKE PLACE.