7, MEDESWELL, FURZTON, MILTON KEYNES, MK4 1AD - £182,000

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 MEDESWELL is a small extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £182,000 in January 2003, which was around 18% below the average January 2003 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

7 MEDESWELL Sold Prices

Land registry data shows three sales for 7 MEDESWELL since 1^st 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. All of the three 7 MEDESWELL 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
2003 9 JAN	£182,000	£222,582	18% below HPI
1997 3 JUN	£77,000	£92,782	17% below HPI
1997 30 MAY	£76,000	£89,492	15% below HPI

7 MEDESWELL 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 three 7 MEDESWELL sales between May 1997 and January 2003 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 June 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2003 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 MEDESWELL?

7 MEDESWELL is 109m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 7 MEDESWELL lies on this distribution: 36% of detached houses are smaller than 7 MEDESWELL, and 63% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 MEDESWELL: Plot and Title Map

7 MEDESWELL sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 7 MEDESWELL, 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 MEDESWELL). 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 MEDESWELL?

7 MEDESWELL is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 7 on MEDESWELL.