1A, VERDON DRIVE, WILLEN PARK, MILTON KEYNES, MK15 9DE - £275,000

1A VERDON DRIVE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £275,000 in December 2017, which was around 38% below the average December 2017 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

1A VERDON DRIVE Sold Prices

Land registry data shows two sales for 1A VERDON 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 1A VERDON DRIVE 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
2017 1 DEC	£275,000	£442,444	38% below HPI
2002 1 MAY	£122,000	£181,287	33% below HPI

1A VERDON 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 1A VERDON DRIVE sales from May 2002 and December 2017 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 May 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1A VERDON DRIVE?

1A VERDON DRIVE is 77m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 1A VERDON DRIVE lies on this distribution: 10% of detached houses are smaller than 1A VERDON DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1A VERDON DRIVE: Plot and Title Map

1A VERDON DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 1A VERDON 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 1A VERDON 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 1A VERDON DRIVE?

1A VERDON DRIVE is located in WILLEN PARK, in the MK15 postcode district. The below map shows the position of No. 1A on VERDON DRIVE.