8, MORLAND DRIVE, GRANGE FARM, MILTON KEYNES, MK8 0PB - £338,500

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 MORLAND DRIVE is a midsized detached house of 126m², built sometime from 2007 onwards. It was last sold for £338,500 in March 2010, which was around 29% above the average March 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was B.

8 MORLAND DRIVE Sold Prices

Land registry data shows three sales for 8 MORLAND DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 8 MORLAND 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
2010 12 MAR	£338,500	£262,204	29% above HPI
2007 12 JUL	£330,000	£291,864	13% above HPI
2005 24 JUN	£292,500	£253,939	15% above HPI

8 MORLAND 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 three 8 MORLAND DRIVE sales between June 2005 and March 2010 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 July 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2010 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 8 MORLAND DRIVE?

8 MORLAND DRIVE is 126m² according to the EPC inspection conducted in April 2009. This puts it in the largest 50% 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 MORLAND DRIVE lies on this distribution: 53% of detached houses are smaller than 8 MORLAND DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 MORLAND DRIVE: Plot and Title Map

8 MORLAND DRIVE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 8 MORLAND 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 MORLAND 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 MORLAND DRIVE?

8 MORLAND DRIVE is located in GRANGE FARM, in the MK8 postcode district. The below map shows the position of No. 8 on MORLAND DRIVE.