13, DOWNLAND, TWO MILE ASH, MILTON KEYNES, MK8 8HR - £153,500

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.

13 DOWNLAND is a very small semi-detached house of 37m², built sometime between 1976 and 1982, which could now be worth an estimated £195,639. It was last sold for £153,500 in February 2018, which was around 42% below the average February 2018 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was A.

13 DOWNLAND Sold Prices

Land registry data shows four sales for 13 DOWNLAND 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. All of the four 13 DOWNLAND 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
2018 1 FEB	£153,500	£264,214	42% below HPI
2003 16 APR	£92,000	£131,429	30% below HPI
2000 21 JUL	£60,000	£78,731	24% below HPI
1996 23 OCT	£30,000	£49,234	39% below HPI

13 DOWNLAND 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 13 DOWNLAND sales between October 1996 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 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 13 DOWNLAND be worth now?

13 DOWNLAND might now be worth an estimated £195,639.

This is based on house price inflation of 27.5%, between February 2018 and February 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 27.5% inflationary increase is applied to the most recent sale price for 13 DOWNLAND of £153,500 on 1st February 2018. For the value to have increased from £153,500 to £195,639 over the seven years to February 2025, the following assumptions must hold true:

• The value of 13 DOWNLAND has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The February 2018 sale price of £153,500 represented a fair market value for the property.
• The size, condition, and specification of 13 DOWNLAND has not materially changed since February 2018.

How Large is 13 DOWNLAND?

13 DOWNLAND is 37m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% 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 13 DOWNLAND lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 13 DOWNLAND, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

13 DOWNLAND: Plot and Title Map

13 DOWNLAND sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 13 DOWNLAND, 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 13 DOWNLAND). 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 13 DOWNLAND?

13 DOWNLAND is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 13 on DOWNLAND.