RED HOUSE, THE AVENUE, ASPLEY GUISE, MILTON KEYNES, MK17 8HH - £1,625,000

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

RED HOUSE is a very large extended detached house of 550m², built sometime between 1900 and 1929. It was last sold for £1,625,000 in February 2018, which was around 220% above the average February 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

RED HOUSE Sold Prices

Land registry data shows two sales for RED HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two RED HOUSE 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
2018 27 FEB	£1,625,000	£507,739	220% above HPI
2005 29 APR	£1,300,000	£289,106	350% above HPI

RED HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two RED HOUSE sales from April 2005 and February 2018 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 April 2005 sale was for 350% above the HPI. So the extrapolation line tracks at 350% above the HPI over time, until the February 2018 sale, where it falls to 220% above the HPI. The line then continues to track at 220% above the HPI.

How Large is RED HOUSE?

RED HOUSE is 550m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Aspley Guise, based on EPC data. The below chart shows the distribution of detached houses by size in Aspley Guise, and where RED HOUSE lies on this distribution: 99% of detached houses are smaller than RED HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Aspley Guise.

RED HOUSE: Plot and Title Map

RED HOUSE sits on a plot of roughly 0.415 of an acre, or 1,681m². The below map shows the location of RED HOUSE, 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 RED HOUSE). 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 RED HOUSE?

RED HOUSE is located on THE AVENUE in ASPLEY GUISE, in the MK17 postcode district. The below map shows the position of RED HOUSE on THE AVENUE.