8, PROCTOR RISE, GRANGE FARM, MILTON KEYNES, MK8 0PJ - £478,000

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 PROCTOR RISE is a small extended detached house of 105m², built sometime between 2003 and 2006. It was last sold for £478,000 in July 2022, which was around 5% below the average July 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

8 PROCTOR RISE Sold Prices

Land registry data shows four sales for 8 PROCTOR RISE 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. All of the four 8 PROCTOR RISE 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
2022 5 JUL	£478,000	£504,774	5% below HPI
2016 30 SEP	£340,000	£409,388	17% below HPI
2009 31 JUL	£218,000	£254,065	14% below HPI
2005 15 DEC	£212,950	£251,356	15% below HPI

8 PROCTOR RISE 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 PROCTOR RISE sales between December 2005 and July 2022 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 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 PROCTOR RISE?

8 PROCTOR RISE is 105m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% 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 PROCTOR RISE lies on this distribution: 33% of detached houses are smaller than 8 PROCTOR RISE, and 66% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 PROCTOR RISE: Plot and Title Map

8 PROCTOR RISE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 8 PROCTOR RISE, 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 PROCTOR RISE). 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 PROCTOR RISE?

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