PEAR TREE BARN, LONDON ROAD, STONY STRATFORD, MILTON KEYNES, MK11 1JL - £735,000

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

PEAR TREE BARN is a very large extended detached house of 179m², built sometime between 1983 and 1990. It was last sold for £735,000 in March 2023, which was around 44% above the average March 2023 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

PEAR TREE BARN Sold Prices

Land registry data shows four sales for PEAR TREE BARN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four PEAR TREE BARN 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 10 MAR	£735,000	£512,125	44% above HPI
2018 31 OCT	£635,000	£442,097	44% above HPI
2005 8 APR	£290,000	£250,951	16% above HPI
1999 14 OCT	£155,000	£125,173	24% above HPI

PEAR TREE BARN 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 four PEAR TREE BARN sales between October 1999 and March 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 October 2018 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2023 sale, which was also at 44% above the HPI.

How Large is PEAR TREE BARN?

PEAR TREE BARN is 179m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 20% 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 PEAR TREE BARN lies on this distribution: 86% of detached houses are smaller than PEAR TREE BARN, and 14% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

PEAR TREE BARN: Plot and Title Map

PEAR TREE BARN sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of PEAR TREE BARN, 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 PEAR TREE BARN). 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 PEAR TREE BARN?

PEAR TREE BARN is located on LONDON ROAD in STONY STRATFORD, in the MK11 postcode district. The below map shows the position of PEAR TREE BARN on LONDON ROAD.