18, MARTINGALE PLACE, DOWNS BARN, MILTON KEYNES, MK14 7QN - £73,500

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.

18 MARTINGALE PLACE is a very small terraced house of 48m², built sometime between 1976 and 1982, which could now be worth an estimated £289,138. It was last sold for £73,500 in May 2001, which was around 7% above the average May 2001 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was A.

18 MARTINGALE PLACE Sold Prices

Land registry data shows two sales for 18 MARTINGALE PLACE 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. One of the two 18 MARTINGALE PLACE sales was for above the average price, whilst the other was 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
2001 4 MAY	£73,500	£68,881	7% above HPI
1998 10 JUL	£42,000	£49,161	15% below HPI

18 MARTINGALE PLACE 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 18 MARTINGALE PLACE sales from July 1998 and May 2001 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 July 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2001 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 18 MARTINGALE PLACE be worth now?

18 MARTINGALE PLACE might now be worth an estimated £289,138.

This is based on house price inflation of 293.4%, between May 2001 and May 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 293.4% inflationary increase is applied to the most recent sale price for 18 MARTINGALE PLACE of £73,500 on 4th May 2001. For the value to have increased from £73,500 to £289,138 over the 25 years to May 2026, the following assumptions must hold true:

• The value of 18 MARTINGALE PLACE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The May 2001 sale price of £73,500 represented a fair market value for the property.
• The size, condition, and specification of 18 MARTINGALE PLACE has not materially changed since May 2001.

How Large is 18 MARTINGALE PLACE?

18 MARTINGALE PLACE is 48m² according to the EPC inspection conducted in July 2023. 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 18 MARTINGALE PLACE lies on this distribution: 1% of terraced houses houses are smaller than 18 MARTINGALE PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

18 MARTINGALE PLACE: Plot and Title Map

18 MARTINGALE PLACE sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of 18 MARTINGALE PLACE, 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 18 MARTINGALE PLACE). 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 18 MARTINGALE PLACE?

18 MARTINGALE PLACE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 18 on MARTINGALE PLACE.