Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
13 SPENCER is a very small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £235,000 in September 2019, which was around 46% below the average September 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 13 SPENCER since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 13 SPENCER 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 |
---|---|---|---|
2019 12 SEP | £235,000 | £431,305 | 46% below HPI |
2000 2 MAY | £83,000 | £136,050 | 39% below HPI |
1999 6 SEP | £66,000 | £121,443 | 46% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 13 SPENCER sales between September 1999 and September 2019 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 May 2000 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
13 SPENCER is 89m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 13 SPENCER lies on this distribution: 18% of detached houses are smaller than 13 SPENCER, and 81% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.
13 SPENCER sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 13 SPENCER, 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 SPENCER). 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.
13 SPENCER is located in STANTONBURY, in the MK14 postcode district. The below map shows the position of No. 13 on SPENCER.