15, CONSTANTINE WAY, BANCROFT PARK, MILTON KEYNES, MK13 0RA - £530,000

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.

15 CONSTANTINE WAY is a very large extended detached house of 173m², built sometime between 1983 and 1990, which could now be worth an estimated £700,123. It was last sold for £530,000 in March 2019, which was around 21% above the average March 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

15 CONSTANTINE WAY Sold Prices

Land registry data shows three sales for 15 CONSTANTINE WAY since 1^st 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 15 CONSTANTINE WAY sales were for above 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 1 MAR	£530,000	£438,562	21% above HPI
2001 1 AUG	£224,000	£171,438	31% above HPI
1995 20 JUN	£118,000	£85,954	37% above HPI

15 CONSTANTINE WAY 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 three 15 CONSTANTINE WAY sales between June 1995 and March 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 August 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2019 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 15 CONSTANTINE WAY be worth now?

15 CONSTANTINE WAY might now be worth an estimated £700,123.

This is based on house price inflation of 32.1%, between March 2019 and March 2025, for 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 32.1% inflationary increase is applied to the most recent sale price for 15 CONSTANTINE WAY of £530,000 on 1st March 2019. For the value to have increased from £530,000 to £700,123 over the six years to March 2025, the following assumptions must hold true:

• The value of 15 CONSTANTINE WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The March 2019 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CONSTANTINE WAY has not materially changed since March 2019.

How Large is 15 CONSTANTINE WAY?

15 CONSTANTINE WAY is 173m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 15 CONSTANTINE WAY lies on this distribution: 84% of detached houses houses are smaller than 15 CONSTANTINE WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 CONSTANTINE WAY: Plot and Title Map

15 CONSTANTINE WAY sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 15 CONSTANTINE WAY, 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 15 CONSTANTINE WAY). 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 15 CONSTANTINE WAY?

15 CONSTANTINE WAY is located in BANCROFT PARK, in the MK13 postcode district. The below map shows the position of No. 15 on CONSTANTINE WAY.