31, PASTERN PLACE, DOWNS BARN, MILTON KEYNES, MK14 7RB - £361,000

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 PASTERN PLACE is a midsized detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £535,567. It was last sold for £361,000 in June 2015, which was around 1% below the average June 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

31 PASTERN PLACE Sold Prices

Land registry data shows three sales for 31 PASTERN PLACE 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. One of the three 31 PASTERN PLACE sales was for below the average price, whilst two 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
2015 26 JUN	£361,000	£364,456	1% below HPI
2000 11 FEB	£165,000	£131,990	25% above HPI
1999 19 NOV	£149,950	£130,873	15% above HPI

31 PASTERN PLACE 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 PASTERN PLACE sales between November 1999 and June 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 February 2000 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 31 PASTERN PLACE be worth now?

31 PASTERN PLACE might now be worth an estimated £535,567.

This is based on house price inflation of 48.4%, between June 2015 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 48.4% inflationary increase is applied to the most recent sale price for 31 PASTERN PLACE of £361,000 on 26th June 2015. For the value to have increased from £361,000 to £535,567 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 31 PASTERN PLACE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2015 sale price of £361,000 represented a fair market value for the property.
• The size, condition, and specification of 31 PASTERN PLACE has not materially changed since June 2015.

How Large is 31 PASTERN PLACE?

31 PASTERN PLACE is 117m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 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 PASTERN PLACE lies on this distribution: 44% of detached houses houses are smaller than 31 PASTERN PLACE, and 56% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

31 PASTERN PLACE: Plot and Title Map

31 PASTERN PLACE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 31 PASTERN PLACE, 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 PASTERN PLACE). 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 PASTERN PLACE?

31 PASTERN PLACE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 31 on PASTERN PLACE.