8, BIGNELL CROFT, LOUGHTON, MILTON KEYNES, MK5 8BF - £310,000

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

8 BIGNELL CROFT is a small detached house of 111m², built sometime between 1991 and 1995. It was last sold for £310,000 in October 2020, which was around 30% below the average October 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

8 BIGNELL CROFT Sold Prices

Land registry data shows three sales for 8 BIGNELL CROFT 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. Two of the three 8 BIGNELL CROFT sales were for below the average price, whilst one was 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
2020 8 OCT	£310,000	£444,494	30% below HPI
2005 17 JUN	£225,000	£253,939	11% below HPI
1998 24 JUL	£124,950	£106,241	18% above HPI

8 BIGNELL CROFT 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 8 BIGNELL CROFT sales between July 1998 and October 2020 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 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 BIGNELL CROFT?

8 BIGNELL CROFT is 111m² according to the EPC inspection conducted in September 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 8 BIGNELL CROFT lies on this distribution: 38% of detached houses are smaller than 8 BIGNELL CROFT, and 61% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 BIGNELL CROFT: Plot and Title Map

8 BIGNELL CROFT sits on a plot of roughly 0.099 of an acre, or 403m². The below map shows the location of 8 BIGNELL CROFT, 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 8 BIGNELL CROFT). 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 8 BIGNELL CROFT?

8 BIGNELL CROFT is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 8 on BIGNELL CROFT.