8, COLESBOURNE DRIVE, DOWNHEAD PARK, MILTON KEYNES, MK15 9AU - £520,000

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 COLESBOURNE DRIVE is a large detached house of 142m², built sometime between 1983 and 1990. It was last sold for £520,000 in January 2018, which was around 19% above the average January 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

8 COLESBOURNE DRIVE Sold Prices

Land registry data shows two sales for 8 COLESBOURNE 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 8 COLESBOURNE 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
2018 10 JAN	£520,000	£435,652	19% above HPI
2001 13 DEC	£186,000	£173,206	7% above HPI

8 COLESBOURNE 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 8 COLESBOURNE DRIVE sales from December 2001 and January 2018 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 December 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 8 COLESBOURNE DRIVE?

8 COLESBOURNE DRIVE is 142m² according to the EPC inspection conducted in August 2017. This puts it in the largest 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 COLESBOURNE DRIVE lies on this distribution: 68% of detached houses are smaller than 8 COLESBOURNE DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 COLESBOURNE DRIVE: Plot and Title Map

8 COLESBOURNE DRIVE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 8 COLESBOURNE 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 8 COLESBOURNE 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 8 COLESBOURNE DRIVE?

8 COLESBOURNE DRIVE is located in DOWNHEAD PARK, in the MK15 postcode district. The below map shows the position of No. 8 on COLESBOURNE DRIVE.