41, MILECASTLE, BANCROFT, MILTON KEYNES, MK13 0QN - £142,500

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.

41 MILECASTLE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £289,428. It was last sold for £142,500 in March 2010, which was around 7% above the average March 2010 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

41 MILECASTLE Sold Prices

Land registry data shows three sales for 41 MILECASTLE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 41 MILECASTLE sales 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
2010 25 MAR	£142,500	£133,411	7% above HPI
2003 17 JAN	£103,000	£101,339	2% above HPI
2000 26 MAY	£67,000	£62,294	8% above HPI

41 MILECASTLE 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 three 41 MILECASTLE sales between May 2000 and March 2010 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 January 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2010 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 41 MILECASTLE be worth now?

41 MILECASTLE might now be worth an estimated £289,428.

This is based on house price inflation of 103.1%, between March 2010 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 103.1% inflationary increase is applied to the most recent sale price for 41 MILECASTLE of £142,500 on 25th March 2010. For the value to have increased from £142,500 to £289,428 over the fifteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 41 MILECASTLE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The March 2010 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 41 MILECASTLE has not materially changed since March 2010.

How Large is 41 MILECASTLE?

41 MILECASTLE is 55m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% 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 41 MILECASTLE lies on this distribution: 1% of terraced houses houses are smaller than 41 MILECASTLE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

41 MILECASTLE: Plot and Title Map

41 MILECASTLE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 41 MILECASTLE, 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 41 MILECASTLE). 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 41 MILECASTLE?

41 MILECASTLE is located in BANCROFT, in the MK13 postcode district. The below map shows the position of No. 41 on MILECASTLE.