7, MEAD CRESCENT, REDHOUSE PARK, MILTON KEYNES, MK14 5FX - £281,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MEAD CRESCENT is a very small semi-detached house of 75m², which could now be worth an estimated £343,762. It was last sold for £281,000 in June 2021, which was around 2% above the average June 2021 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

7 MEAD CRESCENT Sold Prices

Land registry data shows three sales for 7 MEAD CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 7 MEAD CRESCENT 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
2021 28 JUN	£281,000	£275,265	2% above HPI
2016 15 JUL	£265,000	£251,320	5% above HPI
2013 1 NOV	£200,000	£177,725	13% above HPI

7 MEAD CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 7 MEAD CRESCENT sales between November 2013 and June 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 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 7 MEAD CRESCENT be worth now?

7 MEAD CRESCENT might now be worth an estimated £343,762.

This is based on house price inflation of 22.3%, between June 2021 and February 2025, for semi-detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.3% inflationary increase is applied to the most recent sale price for 7 MEAD CRESCENT of £281,000 on 28th June 2021. For the value to have increased from £281,000 to £343,762 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 7 MEAD CRESCENT has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The June 2021 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MEAD CRESCENT has not materially changed since June 2021.

How Large is 7 MEAD CRESCENT?

7 MEAD CRESCENT is 75m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 7 MEAD CRESCENT lies on this distribution: 8% of semi-detached houses houses are smaller than 7 MEAD CRESCENT, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 MEAD CRESCENT: Plot and Title Map

7 MEAD CRESCENT sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 7 MEAD CRESCENT, 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 MEAD CRESCENT). 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 7 MEAD CRESCENT?

7 MEAD CRESCENT is located in REDHOUSE PARK, in the MK14 postcode district. The below map shows the position of No. 7 on MEAD CRESCENT.