10, PASTERN PLACE, DOWNS BARN, MILTON KEYNES, MK14 7RD - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 PASTERN PLACE is a very small extended semi-detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £351,693. It was last sold for £260,000 in June 2020, which was around 2% above the average June 2020 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

10 PASTERN PLACE Sold Prices

Land registry data shows four sales for 10 PASTERN PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the four 10 PASTERN PLACE 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
2020 30 JUN	£260,000	£256,091	2% above HPI
2009 14 AUG	£142,105	£154,474	8% below HPI
2004 17 DEC	£153,000	£154,149	1% below HPI
2003 17 OCT	£130,000	£135,320	4% below HPI

10 PASTERN PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 10 PASTERN PLACE sales between October 2003 and June 2020 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 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 10 PASTERN PLACE be worth now?

10 PASTERN PLACE might now be worth an estimated £351,693.

This is based on house price inflation of 35.3%, between June 2020 and March 2025, for semi-detached houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.3% inflationary increase is applied to the most recent sale price for 10 PASTERN PLACE of £260,000 on 30th June 2020. For the value to have increased from £260,000 to £351,693 over the five years and three months to March 2025, the following assumptions must hold true:

• The value of 10 PASTERN PLACE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The June 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PASTERN PLACE has not materially changed since June 2020.

How Large is 10 PASTERN PLACE?

10 PASTERN PLACE is 80m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 10 PASTERN PLACE lies on this distribution: 11% of semi-detached houses houses are smaller than 10 PASTERN PLACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

10 PASTERN PLACE: Plot and Title Map

10 PASTERN PLACE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 10 PASTERN PLACE, 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 10 PASTERN PLACE). 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 10 PASTERN PLACE?

10 PASTERN PLACE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 10 on PASTERN PLACE.