15, FOREST RISE, EAGLESTONE, MILTON KEYNES, MK6 5ET - £249,995

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 FOREST RISE is a very small semi-detached house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £311,736. It was last sold for £249,995 in January 2019, which was around 3% below the average January 2019 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

15 FOREST RISE Sold Prices

Land registry data shows three sales for 15 FOREST RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 15 FOREST RISE 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 31 JAN	£249,995	£257,819	3% below HPI
2016 17 MAR	£160,000	£244,996	35% below HPI
2012 8 MAR	£123,400	£167,187	26% below HPI

15 FOREST RISE 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 three 15 FOREST RISE sales between March 2012 and January 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 March 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 15 FOREST RISE be worth now?

15 FOREST RISE might now be worth an estimated £311,736.

This is based on house price inflation of 24.7%, between January 2019 and April 2026, 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 24.7% inflationary increase is applied to the most recent sale price for 15 FOREST RISE of £249,995 on 31st January 2019. For the value to have increased from £249,995 to £311,736 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 15 FOREST RISE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The January 2019 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 15 FOREST RISE has not materially changed since January 2019.

How Large is 15 FOREST RISE?

15 FOREST RISE is 60m² according to the EPC inspection conducted in December 2011. 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 15 FOREST RISE lies on this distribution: 2% of semi-detached houses houses are smaller than 15 FOREST RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 FOREST RISE: Plot and Title Map

15 FOREST RISE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 15 FOREST RISE, 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 FOREST RISE). 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 FOREST RISE?

15 FOREST RISE is located in EAGLESTONE, in the MK6 postcode district. The below map shows the position of No. 15 on FOREST RISE.