15, REDLAND DRIVE, LOUGHTON, MILTON KEYNES, MK5 8EJ - £1,100,000

15 REDLAND DRIVE is a very large extended detached house of 283m², built sometime between 2003 and 2006. It was last sold for £1,100,000 in September 2021, which was around 131% above the average September 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

15 REDLAND DRIVE Sold Prices

Land registry data shows two sales for 15 REDLAND DRIVE 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 15 REDLAND DRIVE 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
2021 23 SEP	£1,100,000	£475,618	131% above HPI
2011 7 OCT	£635,000	£280,439	126% above HPI

15 REDLAND DRIVE 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 15 REDLAND DRIVE sales from October 2011 and September 2021 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 October 2011 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the September 2021 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.

How Large is 15 REDLAND DRIVE?

15 REDLAND DRIVE is 283m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% 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 15 REDLAND DRIVE lies on this distribution: 99% of detached houses are smaller than 15 REDLAND DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

15 REDLAND DRIVE: Plot and Title Map

15 REDLAND DRIVE sits on a plot of roughly 0.262 of an acre, or 1,060m². The below map shows the location of 15 REDLAND DRIVE, 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 REDLAND DRIVE). 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 REDLAND DRIVE?

15 REDLAND DRIVE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 15 on REDLAND DRIVE.