9, REDLAND DRIVE, LOUGHTON, MILTON KEYNES, MK5 8EJ - £690,000

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

9 REDLAND DRIVE is a large detached house of 154m², built sometime between 1991 and 1995. It was last sold for £690,000 in December 2009, which was around 163% above the average December 2009 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

9 REDLAND DRIVE Sold Prices

Land registry data shows two sales for 9 REDLAND 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 9 REDLAND 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
2009 10 DEC	£690,000	£262,248	163% above HPI
2003 10 OCT	£430,000	£233,033	85% above HPI

9 REDLAND 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 9 REDLAND DRIVE sales from October 2003 and December 2009 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 2003 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the December 2009 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

How Large is 9 REDLAND DRIVE?

9 REDLAND DRIVE is 154m² according to the EPC inspection conducted in January 2009. This puts it in the largest 30% 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 REDLAND DRIVE lies on this distribution: 75% of detached houses are smaller than 9 REDLAND DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

9 REDLAND DRIVE: Plot and Title Map

9 REDLAND DRIVE sits on a plot of roughly 0.248 of an acre, or 1,003m². The below map shows the location of 9 REDLAND 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 9 REDLAND 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 9 REDLAND DRIVE?

9 REDLAND DRIVE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 9 on REDLAND DRIVE.