38, NICHOLAS MEAD, GREAT LINFORD, MILTON KEYNES, MK14 5EN - £245,000

38 NICHOLAS MEAD is a small detached house of 105m², built sometime between 1983 and 1990. It was last sold for £245,000 in December 2012, which was around 13% below the average December 2012 detached price in the Milton Keynes local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

38 NICHOLAS MEAD Sold Prices

Land registry data shows two sales for 38 NICHOLAS MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 38 NICHOLAS MEAD 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
2012 17 DEC	£245,000	£281,465	13% below HPI
2007 7 SEP	£200,000	£301,908	34% below HPI

38 NICHOLAS MEAD 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 two 38 NICHOLAS MEAD sales from September 2007 and December 2012 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 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2012 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 38 NICHOLAS MEAD?

38 NICHOLAS MEAD is 105m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% 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 NICHOLAS MEAD lies on this distribution: 33% of detached houses are smaller than 38 NICHOLAS MEAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

38 NICHOLAS MEAD: Plot and Title Map

38 NICHOLAS MEAD sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 38 NICHOLAS MEAD, 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 NICHOLAS MEAD). 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 NICHOLAS MEAD?

38 NICHOLAS MEAD is located in GREAT LINFORD, in the MK14 postcode district. The below map shows the position of No. 38 on NICHOLAS MEAD.