24, MILECASTLE, BANCROFT, MILTON KEYNES, MK13 0QL - £159,995

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.

24 MILECASTLE is a very small terraced house of 49m², built sometime between 1976 and 1982, which could now be worth an estimated £226,747. It was last sold for £159,995 in October 2015, which was around 16% below the average October 2015 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

24 MILECASTLE Sold Prices

Land registry data shows five sales for 24 MILECASTLE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the five 24 MILECASTLE 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
2015 8 OCT	£159,995	£191,198	16% below HPI
2005 2 SEP	£116,500	£127,838	9% below HPI
2003 14 MAY	£93,500	£103,677	10% below HPI
2002 27 MAY	£74,000	£81,972	10% below HPI
2000 14 JUN	£53,500	£63,479	16% below HPI

24 MILECASTLE 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 five 24 MILECASTLE sales between June 2000 and October 2015 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 September 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 24 MILECASTLE be worth now?

24 MILECASTLE might now be worth an estimated £226,747.

This is based on house price inflation of 41.7%, between October 2015 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 41.7% inflationary increase is applied to the most recent sale price for 24 MILECASTLE of £159,995 on 8th October 2015. For the value to have increased from £159,995 to £226,747 over the eleven years and five months to May 2026, the following assumptions must hold true:

• The value of 24 MILECASTLE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The October 2015 sale price of £159,995 represented a fair market value for the property.
• The size, condition, and specification of 24 MILECASTLE has not materially changed since October 2015.

How Large is 24 MILECASTLE?

24 MILECASTLE is 49m² according to the EPC inspection conducted in June 2015. 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 24 MILECASTLE lies on this distribution: 1% of terraced houses houses are smaller than 24 MILECASTLE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

24 MILECASTLE: Plot and Title Map

24 MILECASTLE sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 24 MILECASTLE, 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 24 MILECASTLE). 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 24 MILECASTLE?

24 MILECASTLE is located in BANCROFT, in the MK13 postcode district. The below map shows the position of No. 24 on MILECASTLE.