16, MORLEY CRESCENT, OLD FARM PARK, MILTON KEYNES, MK7 8PA - £256,000

16 MORLEY CRESCENT is a small detached house of 97m², built sometime between 1991 and 1995. It was last sold for £256,000 in March 2012, which was around 8% below the average March 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

16 MORLEY CRESCENT Sold Prices

Land registry data shows two sales for 16 MORLEY CRESCENT 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 16 MORLEY CRESCENT 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
2012 29 MAR	£256,000	£277,998	8% below HPI
2007 17 AUG	£275,000	£294,900	7% below HPI

16 MORLEY CRESCENT 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 16 MORLEY CRESCENT sales from August 2007 and March 2012 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 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 16 MORLEY CRESCENT?

16 MORLEY CRESCENT is 97m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% 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 16 MORLEY CRESCENT lies on this distribution: 27% of detached houses are smaller than 16 MORLEY CRESCENT, and 73% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 MORLEY CRESCENT: Plot and Title Map

16 MORLEY CRESCENT sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 16 MORLEY CRESCENT, 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 MORLEY CRESCENT). 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 MORLEY CRESCENT?

16 MORLEY CRESCENT is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 16 on MORLEY CRESCENT.