8, JOULES COURT, SHENLEY LODGE, MILTON KEYNES, MK5 7BA - £199,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 JOULES COURT is a small extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £641,187. It was last sold for £199,000 in September 2001, which was around 13% above the average September 2001 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

8 JOULES COURT Sold Prices

Land registry data shows two sales for 8 JOULES COURT 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 JOULES COURT 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
2001 28 SEP	£199,000	£175,486	13% above HPI
1995 30 JUN	£95,000	£85,954	11% above HPI

8 JOULES COURT 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 JOULES COURT sales from June 1995 and September 2001 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 1995 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2001 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 8 JOULES COURT be worth now?

8 JOULES COURT might now be worth an estimated £641,187.

This is based on house price inflation of 222.2%, between September 2001 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 222.2% inflationary increase is applied to the most recent sale price for 8 JOULES COURT of £199,000 on 28th September 2001. For the value to have increased from £199,000 to £641,187 over the 24 years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 JOULES COURT has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2001 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 8 JOULES COURT has not materially changed since September 2001.

How Large is 8 JOULES COURT?

8 JOULES COURT is 108m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 8 JOULES COURT lies on this distribution: 35% of detached houses houses are smaller than 8 JOULES COURT, and 64% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 JOULES COURT: Plot and Title Map

8 JOULES COURT sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 8 JOULES COURT, 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 JOULES COURT). 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 JOULES COURT?

8 JOULES COURT is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 8 on JOULES COURT.