37, CHAPMAN AVENUE, DOWNS BARN, MILTON KEYNES, MK14 7PG - £277,500

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.

37 CHAPMAN AVENUE is a very small terraced house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £292,828. It was last sold for £277,500 in July 2022, which was around 8% above the average July 2022 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

37 CHAPMAN AVENUE Sold Prices

Land registry data shows two sales for 37 CHAPMAN AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. One of the two 37 CHAPMAN AVENUE sales was for above the average price, whilst the other was 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
2022 1 JUL	£277,500	£256,784	8% above HPI
2017 25 SEP	£214,000	£216,963	1% below HPI

37 CHAPMAN AVENUE 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 two 37 CHAPMAN AVENUE sales from September 2017 and July 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 September 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 37 CHAPMAN AVENUE be worth now?

37 CHAPMAN AVENUE might now be worth an estimated £292,828.

This is based on house price inflation of 5.5%, between July 2022 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 5.5% inflationary increase is applied to the most recent sale price for 37 CHAPMAN AVENUE of £277,500 on 1st July 2022. For the value to have increased from £277,500 to £292,828 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 37 CHAPMAN AVENUE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The July 2022 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 37 CHAPMAN AVENUE has not materially changed since July 2022.

How Large is 37 CHAPMAN AVENUE?

37 CHAPMAN AVENUE is 85m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% 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 37 CHAPMAN AVENUE lies on this distribution: 15% of terraced houses houses are smaller than 37 CHAPMAN AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

37 CHAPMAN AVENUE: Plot and Title Map

37 CHAPMAN AVENUE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 37 CHAPMAN AVENUE, 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 37 CHAPMAN AVENUE). 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 37 CHAPMAN AVENUE?

37 CHAPMAN AVENUE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 37 on CHAPMAN AVENUE.