48, MARINA DRIVE, WOLVERTON, MILTON KEYNES, MK12 5DW - £325,000

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.

48 MARINA DRIVE is a very small extended semi-detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £398,597. It was last sold for £325,000 in November 2020, which was around 22% above the average November 2020 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

48 MARINA DRIVE Sold Prices

Land registry data shows three sales for 48 MARINA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 48 MARINA DRIVE 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
2020 17 NOV	£325,000	£266,812	22% above HPI
2014 25 APR	£210,000	£188,770	11% above HPI
2007 10 AUG	£193,000	£180,606	7% above HPI

48 MARINA DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 48 MARINA DRIVE sales between August 2007 and November 2020 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 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 48 MARINA DRIVE be worth now?

48 MARINA DRIVE might now be worth an estimated £398,597.

This is based on house price inflation of 22.6%, between November 2020 and March 2026, for semi-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 22.6% inflationary increase is applied to the most recent sale price for 48 MARINA DRIVE of £325,000 on 17th November 2020. For the value to have increased from £325,000 to £398,597 over the six years and eight months to March 2026, the following assumptions must hold true:

• The value of 48 MARINA DRIVE has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The November 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MARINA DRIVE has not materially changed since November 2020.

How Large is 48 MARINA DRIVE?

48 MARINA DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 48 MARINA DRIVE lies on this distribution: 19% of semi-detached houses houses are smaller than 48 MARINA DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

48 MARINA DRIVE: Plot and Title Map

48 MARINA DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 48 MARINA DRIVE, 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 48 MARINA DRIVE). 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 48 MARINA DRIVE?

48 MARINA DRIVE is located in WOLVERTON, in the MK12 postcode district. The below map shows the position of No. 48 on MARINA DRIVE.