72, REDLAND DRIVE, LOUGHTON, MILTON KEYNES, MK5 8FJ - £375,000

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

72 REDLAND DRIVE is a very large extended detached house of 263m², built sometime between 1996 and 2002. It was last sold for £375,000 in November 2003, which was around 58% above the average November 2003 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was C.

72 REDLAND DRIVE Sold Prices

Land registry data shows two sales for 72 REDLAND 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 72 REDLAND DRIVE 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
2003 28 NOV	£375,000	£237,906	58% above HPI
2000 22 JUN	£299,950	£138,476	117% above HPI

72 REDLAND 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 72 REDLAND DRIVE sales from June 2000 and November 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 2000 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the November 2003 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 72 REDLAND DRIVE?

72 REDLAND DRIVE is 263m², which includes two extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 10% 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 72 REDLAND DRIVE lies on this distribution: 98% of detached houses are smaller than 72 REDLAND DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

72 REDLAND DRIVE: Plot and Title Map

72 REDLAND DRIVE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 72 REDLAND 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 72 REDLAND 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 72 REDLAND DRIVE?

72 REDLAND DRIVE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 72 on REDLAND DRIVE.