8, LATIMER, STONY STRATFORD, MILTON KEYNES, MK11 1HY - £378,000

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 LATIMER is a small extended detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £503,380. It was last sold for £378,000 in December 2016, which was around 11% below the average December 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

8 LATIMER Sold Prices

Land registry data shows four sales for 8 LATIMER since 1^st 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. Most of the four 8 LATIMER sales were 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
2016 22 DEC	£378,000	£424,590	11% below HPI
2008 29 SEP	£290,000	£287,536	1% above HPI
2003 27 JUN	£167,500	£229,901	27% below HPI
1998 7 SEP	£59,000	£109,670	46% below HPI

8 LATIMER 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 four 8 LATIMER sales between September 1998 and December 2016 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 September 2008 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 LATIMER be worth now?

8 LATIMER might now be worth an estimated £503,380.

This is based on house price inflation of 33.2%, between December 2016 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 33.2% inflationary increase is applied to the most recent sale price for 8 LATIMER of £378,000 on 22nd December 2016. For the value to have increased from £378,000 to £503,380 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 LATIMER has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The December 2016 sale price of £378,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LATIMER has not materially changed since December 2016.

How Large is 8 LATIMER?

8 LATIMER is 112m², which includes one extension, according to the EPC inspection conducted in July 2016. 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 LATIMER lies on this distribution: 39% of detached houses houses are smaller than 8 LATIMER, and 61% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 LATIMER: Plot and Title Map

8 LATIMER sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 LATIMER, 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 LATIMER). 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 LATIMER?

8 LATIMER is located in STONY STRATFORD, in the MK11 postcode district. The below map shows the position of No. 8 on LATIMER.