3, SEDGEMERE, TWO MILE ASH, MILTON KEYNES, MK8 8DS - £480,000

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.

3 SEDGEMERE is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £513,413. It was last sold for £480,000 in February 2022, which was around 5% below the average February 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

3 SEDGEMERE Sold Prices

Land registry data shows three sales for 3 SEDGEMERE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Two of the three 3 SEDGEMERE sales were for below the average price, whilst one was 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 4 FEB	£480,000	£505,506	5% below HPI
2021 26 NOV	£457,000	£495,257	8% below HPI
2006 15 DEC	£295,000	£281,707	5% above HPI

3 SEDGEMERE 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 three 3 SEDGEMERE sales between December 2006 and February 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 November 2021 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 SEDGEMERE be worth now?

3 SEDGEMERE might now be worth an estimated £513,413.

This is based on house price inflation of 7%, between February 2022 and April 2026, for detached 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 7% inflationary increase is applied to the most recent sale price for 3 SEDGEMERE of £480,000 on 4th February 2022. For the value to have increased from £480,000 to £513,413 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 3 SEDGEMERE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SEDGEMERE has not materially changed since February 2022.

How Large is 3 SEDGEMERE?

3 SEDGEMERE is 77m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 3 SEDGEMERE lies on this distribution: 9% of detached houses houses are smaller than 3 SEDGEMERE, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 SEDGEMERE: Plot and Title Map

3 SEDGEMERE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 3 SEDGEMERE, 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 3 SEDGEMERE). 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 3 SEDGEMERE?

3 SEDGEMERE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 3 on SEDGEMERE.