9, MARKENFIELD PLACE, KINGSMEAD, MILTON KEYNES, MK4 4AP - £472,500

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

9 MARKENFIELD PLACE is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £472,500 in January 2022, which was around 4% below the average January 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

9 MARKENFIELD PLACE Sold Prices

Land registry data shows two sales for 9 MARKENFIELD PLACE 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. One of the two 9 MARKENFIELD PLACE sales was for below the average price, whilst the other was 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
2022 28 JAN	£472,500	£493,022	4% below HPI
2000 29 AUG	£166,500	£143,765	16% above HPI

9 MARKENFIELD PLACE 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 9 MARKENFIELD PLACE sales from August 2000 and January 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 August 2000 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 9 MARKENFIELD PLACE?

9 MARKENFIELD PLACE is 116m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% 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 9 MARKENFIELD PLACE lies on this distribution: 43% of detached houses are smaller than 9 MARKENFIELD PLACE, and 56% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

9 MARKENFIELD PLACE: Plot and Title Map

9 MARKENFIELD PLACE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 9 MARKENFIELD PLACE, 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 9 MARKENFIELD PLACE). 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 9 MARKENFIELD PLACE?

9 MARKENFIELD PLACE is located in KINGSMEAD, in the MK4 postcode district. The below map shows the position of No. 9 on MARKENFIELD PLACE.