31, MILESMERE, TWO MILE ASH, MILTON KEYNES, MK8 8DP - £330,000

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.

31 MILESMERE is a midsized extended detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £571,331. It was last sold for £330,000 in June 2014, which was around 1% below the average June 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

31 MILESMERE Sold Prices

Land registry data shows three sales for 31 MILESMERE 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 31 MILESMERE 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
2014 27 JUN	£330,000	£334,623	1% below HPI
2004 21 JAN	£225,000	£248,974	10% below HPI
1995 29 NOV	£95,000	£85,824	11% above HPI

31 MILESMERE 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 31 MILESMERE sales between November 1995 and June 2014 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 January 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2014 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 31 MILESMERE be worth now?

31 MILESMERE might now be worth an estimated £571,331.

This is based on house price inflation of 73.1%, between June 2014 and March 2025, 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 73.1% inflationary increase is applied to the most recent sale price for 31 MILESMERE of £330,000 on 27th June 2014. For the value to have increased from £330,000 to £571,331 over the eleven years and three months to March 2025, the following assumptions must hold true:

• The value of 31 MILESMERE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2014 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MILESMERE has not materially changed since June 2014.

How Large is 31 MILESMERE?

31 MILESMERE is 123m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% 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 31 MILESMERE lies on this distribution: 50% of detached houses houses are smaller than 31 MILESMERE, and 49% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

31 MILESMERE: Plot and Title Map

31 MILESMERE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 31 MILESMERE, 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 31 MILESMERE). 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 31 MILESMERE?

31 MILESMERE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 31 on MILESMERE.