8, RUNNYMEDE, GIFFARD PARK, MILTON KEYNES, MK14 5QL - £580,000

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 RUNNYMEDE is a large extended detached house of 157m², built sometime between 1900 and 1929. It was last sold for £580,000 in December 2020, which was around 30% above the average December 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

8 RUNNYMEDE Sold Prices

Land registry data shows two sales for 8 RUNNYMEDE 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 RUNNYMEDE 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
2020 15 DEC	£580,000	£446,067	30% above HPI
2003 28 NOV	£240,000	£237,906	1% above HPI

8 RUNNYMEDE 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 RUNNYMEDE sales from November 2003 and December 2020 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 November 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 8 RUNNYMEDE?

8 RUNNYMEDE is 157m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% 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 RUNNYMEDE lies on this distribution: 76% of detached houses are smaller than 8 RUNNYMEDE, and 23% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 RUNNYMEDE: Plot and Title Map

8 RUNNYMEDE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 8 RUNNYMEDE, 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 RUNNYMEDE). 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 RUNNYMEDE?

8 RUNNYMEDE is located in GIFFARD PARK, in the MK14 postcode district. The below map shows the position of No. 8 on RUNNYMEDE.