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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 STONEGATE is a very small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £428,554. It was last sold for £391,000 in June 2022, which was around 24% 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	£515,876	24% below HPI
2019 22 JAN	£282,000	£442,943	36% below HPI
1999 2 JUL	£88,500	£119,431	26% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 STONEGATE be worth now?

8 STONEGATE might now be worth an estimated £428,554.

This is based on house price inflation of 9.6%, between June 2022 and February 2025, for detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for 8 STONEGATE of £391,000 on 24th June 2022. For the value to have increased from £391,000 to £428,554 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 8 STONEGATE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2022 sale price of £391,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STONEGATE has not materially changed since June 2022.

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 houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 8 STONEGATE lies on this distribution: 10% of detached houses 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.