6, BUREWELLE, TWO MILE ASH, MILTON KEYNES, MK8 8LS - £385,000

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.

6 BUREWELLE is a very large detached house of 174m², built sometime between 1983 and 1990, which could now be worth an estimated £694,377. It was last sold for £385,000 in August 2007, which was around 26% above the average August 2007 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

6 BUREWELLE Sold Prices

Land registry data shows two sales for 6 BUREWELLE 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. One of the two 6 BUREWELLE 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
2007 10 AUG	£385,000	£304,823	26% above HPI
2003 7 MAY	£190,000	£233,533	19% below HPI

6 BUREWELLE 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 6 BUREWELLE sales from May 2003 and August 2007 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 May 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2007 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 6 BUREWELLE be worth now?

6 BUREWELLE might now be worth an estimated £694,377.

This is based on house price inflation of 80.4%, between August 2007 and May 2026, for 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 80.4% inflationary increase is applied to the most recent sale price for 6 BUREWELLE of £385,000 on 10th August 2007. For the value to have increased from £385,000 to £694,377 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 6 BUREWELLE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The August 2007 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BUREWELLE has not materially changed since August 2007.

How Large is 6 BUREWELLE?

6 BUREWELLE is 174m² according to the EPC inspection conducted in August 2013. This puts it in the largest 20% of detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton Keynes, and where 6 BUREWELLE lies on this distribution: 84% of detached houses houses are smaller than 6 BUREWELLE, and 16% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 BUREWELLE: Plot and Title Map

6 BUREWELLE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 6 BUREWELLE, 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 6 BUREWELLE). 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 6 BUREWELLE?

6 BUREWELLE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 6 on BUREWELLE.