71, FAVELL DRIVE, FURZTON, MILTON KEYNES, MK4 1AX - £276,000

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

71 FAVELL DRIVE is a small detached house of 100m², built sometime between 1976 and 1982. It was last sold for £276,000 in June 2016, which was around 32% below the average June 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

71 FAVELL DRIVE Sold Prices

Land registry data shows two sales for 71 FAVELL DRIVE 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 71 FAVELL DRIVE 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
2016 10 JUN	£276,000	£408,702	32% below HPI
2002 1 NOV	£155,000	£212,453	27% below HPI

71 FAVELL DRIVE 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 71 FAVELL DRIVE sales from November 2002 and June 2016 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 November 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 71 FAVELL DRIVE?

71 FAVELL DRIVE is 100m² according to the EPC inspection conducted in January 2016. 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 71 FAVELL DRIVE lies on this distribution: 29% of detached houses are smaller than 71 FAVELL DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

71 FAVELL DRIVE: Plot and Title Map

71 FAVELL DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 71 FAVELL DRIVE, 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 71 FAVELL DRIVE). 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 71 FAVELL DRIVE?

71 FAVELL DRIVE is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 71 on FAVELL DRIVE.