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 WATERCRESS WAY is a large detached house of 134m², built sometime between 2007 and 2011. It was last sold for £770,500 in August 2023, which was around 50% above the average August 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 9 WATERCRESS WAY since 1st 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 WATERCRESS WAY 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 |
---|---|---|---|
2023 3 AUG | £770,500 | £514,672 | 50% above HPI |
2008 19 DEC | £420,000 | £255,515 | 64% above HPI |
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 WATERCRESS WAY sales from December 2008 and August 2023 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 December 2008 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the August 2023 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.
9 WATERCRESS WAY is 134m² according to the EPC inspection conducted in March 2023. 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 9 WATERCRESS WAY lies on this distribution: 61% of detached houses are smaller than 9 WATERCRESS WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
9 WATERCRESS WAY sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 9 WATERCRESS WAY, 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 WATERCRESS WAY). 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.
9 WATERCRESS WAY is located in BROUGHTON, in the MK10 postcode district. The below map shows the position of No. 9 on WATERCRESS WAY.