1, CRESSEY AVENUE, SHENLEY BROOK END, MILTON KEYNES, MK5 7EL - £245,000

1 CRESSEY AVENUE is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £245,000 in July 2012, which was around 13% below the average July 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

1 CRESSEY AVENUE Sold Prices

Land registry data shows four sales for 1 CRESSEY AVENUE 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 1 CRESSEY AVENUE 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
2012 6 JUL	£245,000	£281,068	13% below HPI
2007 16 AUG	£250,000	£294,900	15% below HPI
2003 25 JUL	£212,000	£224,157	5% below HPI
1998 27 NOV	£102,000	£107,323	5% below HPI

1 CRESSEY AVENUE 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 1 CRESSEY AVENUE sales between November 1998 and July 2012 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 August 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2012 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 CRESSEY AVENUE?

1 CRESSEY AVENUE is 86m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 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 1 CRESSEY AVENUE lies on this distribution: 16% of detached houses are smaller than 1 CRESSEY AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 CRESSEY AVENUE: Plot and Title Map

1 CRESSEY AVENUE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 1 CRESSEY AVENUE, 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 1 CRESSEY AVENUE). 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 1 CRESSEY AVENUE?

1 CRESSEY AVENUE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 1 on CRESSEY AVENUE.