81, FARADAY DRIVE, SHENLEY LODGE, MILTON KEYNES, MK5 7HQ - £500,000

81 FARADAY DRIVE is a large extended detached house of 142m², built sometime between 2003 and 2006. It was last sold for £500,000 in August 2018, which was around 13% above the average August 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

81 FARADAY DRIVE Sold Prices

Land registry data shows two sales for 81 FARADAY DRIVE 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 81 FARADAY DRIVE 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
2018 24 AUG	£500,000	£444,215	13% above HPI
2004 7 OCT	£269,995	£252,459	7% above HPI

81 FARADAY DRIVE 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 81 FARADAY DRIVE sales from October 2004 and August 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 October 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 81 FARADAY DRIVE?

81 FARADAY DRIVE is 142m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 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 81 FARADAY DRIVE lies on this distribution: 67% of detached houses are smaller than 81 FARADAY DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

81 FARADAY DRIVE: Plot and Title Map

81 FARADAY DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 81 FARADAY DRIVE, 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 81 FARADAY DRIVE). 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 81 FARADAY DRIVE?

81 FARADAY DRIVE is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 81 on FARADAY DRIVE.