97, DOWNLAND, TWO MILE ASH, MILTON KEYNES, MK8 8JY - £425,000

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

97 DOWNLAND is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £425,000 in December 2023, which was around 17% below the average December 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

97 DOWNLAND Sold Prices

Land registry data shows three sales for 97 DOWNLAND since 1^st 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 97 DOWNLAND 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
2023 18 DEC	£425,000	£514,049	17% below HPI
2020 4 SEP	£122,750	£447,548	73% below HPI
2016 7 DEC	£150,000	£410,768	63% below HPI

97 DOWNLAND 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 three 97 DOWNLAND sales between December 2016 and December 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 September 2020 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the December 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 97 DOWNLAND?

97 DOWNLAND is 75m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% 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 97 DOWNLAND lies on this distribution: 8% of detached houses are smaller than 97 DOWNLAND, and 91% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

97 DOWNLAND: Plot and Title Map

97 DOWNLAND sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 97 DOWNLAND, 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 97 DOWNLAND). 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 97 DOWNLAND?

97 DOWNLAND is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 97 on DOWNLAND.