8, STONEGATE, BANCROFT, MILTON KEYNES, MK13 0PX - £391,000

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 STONEGATE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £391,000 in June 2022, which was around 22% below the average June 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

8 STONEGATE Sold Prices

Land registry data shows three sales for 8 STONEGATE 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 STONEGATE 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 24 JUN	£391,000	£499,083	22% below HPI
2019 22 JAN	£282,000	£428,524	34% below HPI
1999 2 JUL	£88,500	£115,544	23% below HPI

8 STONEGATE 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 STONEGATE sales between July 1999 and June 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 January 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 STONEGATE?

8 STONEGATE is 79m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% 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 STONEGATE lies on this distribution: 11% of detached houses are smaller than 8 STONEGATE, and 89% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 STONEGATE: Plot and Title Map

8 STONEGATE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 8 STONEGATE, 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 STONEGATE). 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 STONEGATE?

8 STONEGATE is located in BANCROFT, in the MK13 postcode district. The below map shows the position of No. 8 on STONEGATE.