38, MELTON, STANTONBURY, MILTON KEYNES, MK14 6BH - £290,000

38 MELTON is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £290,000 in December 2018, which was around 33% below the average December 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

38 MELTON Sold Prices

Land registry data shows three sales for 38 MELTON 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 38 MELTON 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
2018 19 DEC	£290,000	£433,718	33% below HPI
2014 15 AUG	£185,000	£335,787	45% below HPI
1996 2 AUG	£57,000	£86,360	34% below HPI

38 MELTON 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 38 MELTON sales between August 1996 and December 2018 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 August 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2018 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 38 MELTON?

38 MELTON is 119m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 38 MELTON lies on this distribution: 46% of detached houses are smaller than 38 MELTON, and 53% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

38 MELTON: Plot and Title Map

38 MELTON sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 38 MELTON, 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 38 MELTON). 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 38 MELTON?

38 MELTON is located in STANTONBURY, in the MK14 postcode district. The below map shows the position of No. 38 on MELTON.