32, THE CRAVEN, HEELANDS, MILTON KEYNES, MK13 7NJ - £197,750

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.

32 THE CRAVEN is a very small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £427,192. It was last sold for £197,750 in November 2009, which was around 26% below the average November 2009 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

32 THE CRAVEN Sold Prices

Land registry data shows three sales for 32 THE CRAVEN 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. All of the three 32 THE CRAVEN 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
2009 20 NOV	£197,750	£268,178	26% below HPI
2005 11 APR	£180,000	£259,395	31% below HPI
2003 20 JAN	£166,500	£230,071	28% below HPI

32 THE CRAVEN 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 32 THE CRAVEN sales between January 2003 and November 2009 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 April 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2009 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 32 THE CRAVEN be worth now?

32 THE CRAVEN might now be worth an estimated £427,192.

This is based on house price inflation of 116%, between November 2009 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 116% inflationary increase is applied to the most recent sale price for 32 THE CRAVEN of £197,750 on 20th November 2009. For the value to have increased from £197,750 to £427,192 over the sixteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 32 THE CRAVEN has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2009 sale price of £197,750 represented a fair market value for the property.
• The size, condition, and specification of 32 THE CRAVEN has not materially changed since November 2009.

How Large is 32 THE CRAVEN?

32 THE CRAVEN is 80m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% 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 32 THE CRAVEN lies on this distribution: 12% of detached houses houses are smaller than 32 THE CRAVEN, and 88% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

32 THE CRAVEN: Plot and Title Map

32 THE CRAVEN sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 32 THE CRAVEN, 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 32 THE CRAVEN). 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 32 THE CRAVEN?

32 THE CRAVEN is located in HEELANDS, in the MK13 postcode district. The below map shows the position of No. 32 on THE CRAVEN.