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 WOLSEY GARDENS is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £318,000 in March 2018, which was around 27% below the average March 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 WOLSEY GARDENS since 1st 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 WOLSEY GARDENS 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 |
---|---|---|---|
2018 23 MAR | £318,000 | £435,928 | 27% below HPI |
2007 2 AUG | £249,995 | £294,900 | 15% below HPI |
2000 30 OCT | £120,000 | £149,103 | 20% below HPI |
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 WOLSEY GARDENS sales between October 2000 and March 2018 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 August 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
8 WOLSEY GARDENS is 79m² according to the EPC inspection conducted in December 2017. 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 WOLSEY GARDENS lies on this distribution: 11% of detached houses are smaller than 8 WOLSEY GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
8 WOLSEY GARDENS sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 8 WOLSEY GARDENS, 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 WOLSEY GARDENS). 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.
8 WOLSEY GARDENS is located in BRADWELL, in the MK13 postcode district. The below map shows the position of No. 8 on WOLSEY GARDENS.