16, CRESSEY AVENUE, SHENLEY BROOK END, MILTON KEYNES, MK5 7EL - £439,995

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.

16 CRESSEY AVENUE is a large detached house of 139m², built sometime from 2007 onwards, which could now be worth an estimated £551,017. It was last sold for £439,995 in September 2020, which was around 5% below the average September 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

16 CRESSEY AVENUE Sold Prices

Land registry data shows three sales for 16 CRESSEY AVENUE 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. One of the three 16 CRESSEY AVENUE sales was for below the average price, whilst two 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
2020 25 SEP	£439,995	£462,607	5% below HPI
2006 11 DEC	£299,995	£281,707	6% above HPI
1996 3 MAY	£112,000	£87,474	28% above HPI

16 CRESSEY AVENUE 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 16 CRESSEY AVENUE sales between May 1996 and September 2020 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 December 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 16 CRESSEY AVENUE be worth now?

16 CRESSEY AVENUE might now be worth an estimated £551,017.

This is based on house price inflation of 25.2%, between September 2020 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 25.2% inflationary increase is applied to the most recent sale price for 16 CRESSEY AVENUE of £439,995 on 25th September 2020. For the value to have increased from £439,995 to £551,017 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 16 CRESSEY AVENUE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2020 sale price of £439,995 represented a fair market value for the property.
• The size, condition, and specification of 16 CRESSEY AVENUE has not materially changed since September 2020.

How Large is 16 CRESSEY AVENUE?

16 CRESSEY AVENUE is 139m² according to the EPC inspection conducted in August 2019. This puts it in the largest 40% 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 16 CRESSEY AVENUE lies on this distribution: 65% of detached houses houses are smaller than 16 CRESSEY AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 CRESSEY AVENUE: Plot and Title Map

16 CRESSEY AVENUE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 16 CRESSEY AVENUE, 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 16 CRESSEY AVENUE). 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 16 CRESSEY AVENUE?

16 CRESSEY AVENUE is located in SHENLEY BROOK END, in the MK5 postcode district. The below map shows the position of No. 16 on CRESSEY AVENUE.