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
75 WEDGWOOD AVENUE is a very large extended detached house of 192m², built sometime between 1983 and 1990. It was last sold for £605,000 in May 2023, which was around 17% above the average May 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 75 WEDGWOOD AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the four 75 WEDGWOOD AVENUE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2023 22 MAY | £605,000 | £518,530 | 17% above HPI |
2016 4 JUL | £385,000 | £415,310 | 7% below HPI |
2010 11 JUN | £275,000 | £276,251 | Close to HPI |
2007 26 NOV | £315,000 | £306,776 | 3% above HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 75 WEDGWOOD AVENUE sales between November 2007 and May 2023 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
75 WEDGWOOD AVENUE is 192m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% 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 75 WEDGWOOD AVENUE lies on this distribution: 89% of detached houses are smaller than 75 WEDGWOOD AVENUE, and 10% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
75 WEDGWOOD AVENUE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 75 WEDGWOOD AVENUE, 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 75 WEDGWOOD AVENUE). 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.
75 WEDGWOOD AVENUE is located in BLAKELANDS, in the MK14 postcode district. The below map shows the position of No. 75 on WEDGWOOD AVENUE.