23, GADDESDEN CRESCENT, WAVENDON GATE, MILTON KEYNES, MK7 7SB - £232,000

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.

23 GADDESDEN CRESCENT is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £253,700. It was last sold for £232,000 in March 2022, which was around 6% below the average March 2022 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

23 GADDESDEN CRESCENT Sold Prices

Land registry data shows four sales for 23 GADDESDEN CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. two of the four 23 GADDESDEN CRESCENT sales were for below the average price, and four 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
2022 17 MAR	£232,000	£247,584	6% below HPI
2015 17 AUG	£172,000	£185,933	7% below HPI
2002 19 NOV	£116,000	£95,930	21% above HPI
1997 7 NOV	£46,000	£45,264	2% above HPI

23 GADDESDEN CRESCENT 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 four 23 GADDESDEN CRESCENT sales between November 1997 and March 2022 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 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 23 GADDESDEN CRESCENT be worth now?

23 GADDESDEN CRESCENT might now be worth an estimated £253,700.

This is based on house price inflation of 9.4%, between March 2022 and March 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 9.4% inflationary increase is applied to the most recent sale price for 23 GADDESDEN CRESCENT of £232,000 on 17th March 2022. For the value to have increased from £232,000 to £253,700 over the four years to March 2026, the following assumptions must hold true:

• The value of 23 GADDESDEN CRESCENT has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The March 2022 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 23 GADDESDEN CRESCENT has not materially changed since March 2022.

How Large is 23 GADDESDEN CRESCENT?

23 GADDESDEN CRESCENT is 55m² according to the EPC inspection conducted in December 2021. 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 23 GADDESDEN CRESCENT lies on this distribution: 1% of terraced houses houses are smaller than 23 GADDESDEN CRESCENT, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

23 GADDESDEN CRESCENT: Plot and Title Map

23 GADDESDEN CRESCENT sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 23 GADDESDEN 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 23 GADDESDEN 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 23 GADDESDEN CRESCENT?

23 GADDESDEN CRESCENT is located in WAVENDON GATE, in the MK7 postcode district. The below map shows the position of No. 23 on GADDESDEN CRESCENT.