16, TIBERIUS DRIVE, FAIRFIELDS, MILTON KEYNES, MK11 4AX - £300,000

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.

16 TIBERIUS DRIVE is a very small terraced house of 77m², built in 2017, which could now be worth an estimated £358,052. It was last sold for £300,000 in December 2020, which was around 35% above the average December 2020 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2017, where the current energy rating was A, and the potential energy rating was A.

16 TIBERIUS DRIVE Sold Prices

Land registry data shows two sales for 16 TIBERIUS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 16 TIBERIUS 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
2020 16 DEC	£300,000	£222,318	35% above HPI
2017 24 MAR	£305,995	£212,201	44% above HPI

16 TIBERIUS DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 16 TIBERIUS DRIVE sales from March 2017 and December 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 March 2017 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2020 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 16 TIBERIUS DRIVE be worth now?

16 TIBERIUS DRIVE might now be worth an estimated £358,052.

This is based on house price inflation of 19.4%, between December 2020 and April 2026, for terraced 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 19.4% inflationary increase is applied to the most recent sale price for 16 TIBERIUS DRIVE of £300,000 on 16th December 2020. For the value to have increased from £300,000 to £358,052 over the six years and eight months to April 2026, the following assumptions must hold true:

• The value of 16 TIBERIUS DRIVE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The December 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 16 TIBERIUS DRIVE has not materially changed since December 2020.

How Large is 16 TIBERIUS DRIVE?

16 TIBERIUS DRIVE is 77m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 16 TIBERIUS DRIVE lies on this distribution: 9% of terraced houses houses are smaller than 16 TIBERIUS DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 TIBERIUS DRIVE: Plot and Title Map

16 TIBERIUS DRIVE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 16 TIBERIUS 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 16 TIBERIUS 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 16 TIBERIUS DRIVE?

16 TIBERIUS DRIVE is located in FAIRFIELDS, in the MK11 postcode district. The below map shows the position of No. 16 on TIBERIUS DRIVE.