8, MELTON, STANTONBURY, MILTON KEYNES, MK14 6BH - £192,000

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 MELTON is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £192,000 in December 2015, which was around 50% below the average December 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

8 MELTON Sold Prices

Land registry data shows two sales for 8 MELTON 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 MELTON 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
2015 4 DEC	£192,000	£385,669	50% below HPI
1999 10 SEP	£62,000	£121,443	49% below HPI

8 MELTON 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 MELTON sales from September 1999 and December 2015 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 1999 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2015 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 8 MELTON?

8 MELTON is 65m² according to the EPC inspection conducted in April 2015. 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 MELTON lies on this distribution: 3% of detached houses are smaller than 8 MELTON, and 97% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 MELTON: Plot and Title Map

8 MELTON sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 8 MELTON, 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 MELTON). 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 MELTON?

8 MELTON is located in STANTONBURY, in the MK14 postcode district. The below map shows the position of No. 8 on MELTON.