12, MELTON, STANTONBURY, MILTON KEYNES, MK14 6BH - £232,500

12 MELTON is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £232,500 in September 2017, which was around 46% below the average September 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

12 MELTON Sold Prices

Land registry data shows two sales for 12 MELTON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 12 MELTON 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
2017 29 SEP	£232,500	£433,212	46% below HPI
2006 16 JUN	£153,000	£256,612	40% below HPI

12 MELTON 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 two 12 MELTON sales from June 2006 and September 2017 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 June 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2017 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 12 MELTON?

12 MELTON is 79m², which includes one extension, according to the EPC inspection conducted in July 2017. 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 12 MELTON lies on this distribution: 11% of detached houses are smaller than 12 MELTON, and 89% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

12 MELTON: Plot and Title Map

12 MELTON sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 12 MELTON, 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 12 MELTON). 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 12 MELTON?

12 MELTON is located in STANTONBURY, in the MK14 postcode district. The below map shows the position of No. 12 on MELTON.