7, WASHFIELD, FURZTON, MILTON KEYNES, MK4 1HS - £302,500

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 WASHFIELD is a small extended detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £358,801. It was last sold for £302,500 in July 2021, which was around 37% below the average July 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

7 WASHFIELD Sold Prices

Land registry data shows two sales for 7 WASHFIELD since 1^st 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 WASHFIELD 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
2021 23 JUL	£302,500	£476,701	37% below HPI
2003 29 JAN	£56,500	£230,071	75% below HPI

7 WASHFIELD 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 two 7 WASHFIELD sales from January 2003 and July 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 January 2003 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the July 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 7 WASHFIELD be worth now?

7 WASHFIELD might now be worth an estimated £358,801.

This is based on house price inflation of 18.6%, between July 2021 and February 2025, for 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 18.6% inflationary increase is applied to the most recent sale price for 7 WASHFIELD of £302,500 on 23rd July 2021. For the value to have increased from £302,500 to £358,801 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 7 WASHFIELD has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2021 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 7 WASHFIELD has not materially changed since July 2021.

How Large is 7 WASHFIELD?

7 WASHFIELD is 93m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 7 WASHFIELD lies on this distribution: 22% of detached houses houses are smaller than 7 WASHFIELD, and 77% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 WASHFIELD: Plot and Title Map

7 WASHFIELD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 7 WASHFIELD, 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 WASHFIELD). 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 WASHFIELD?

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