8, MEAD CRESCENT, REDHOUSE PARK, MILTON KEYNES, MK14 5FX - £130,050

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 MEAD CRESCENT is a very small detached house of 60m², built sometime from 2012 onwards. It was last sold for £130,050 in August 2024, which was around 75% below the average August 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

8 MEAD CRESCENT Sold Prices

Land registry data shows two sales for 8 MEAD CRESCENT 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 MEAD CRESCENT 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
2024 28 AUG	£130,050	£526,999	75% below HPI
2020 28 FEB	£114,750	£429,038	73% below HPI

8 MEAD CRESCENT 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 MEAD CRESCENT sales from February 2020 and August 2024 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 February 2020 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the August 2024 sale, where it falls to 75% below the HPI. The line then continues to track at 75% below the HPI.

How Large is 8 MEAD CRESCENT?

8 MEAD CRESCENT is 60m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% 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 MEAD CRESCENT lies on this distribution: 2% of detached houses are smaller than 8 MEAD CRESCENT, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 MEAD CRESCENT: Plot and Title Map

8 MEAD CRESCENT sits on a plot of roughly 0.017 of an acre, or 70m². The below map shows the location of 8 MEAD CRESCENT, 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 MEAD CRESCENT). 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 MEAD CRESCENT?

8 MEAD CRESCENT is located in REDHOUSE PARK, in the MK14 postcode district. The below map shows the position of No. 8 on MEAD CRESCENT.