6, DAVENPORT LEA, OLD FARM PARK, MILTON KEYNES, MK7 8RD - £550,000

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 DAVENPORT LEA is a very large extended detached house of 168m², built sometime between 1996 and 2002, which could now be worth an estimated £756,905. It was last sold for £550,000 in March 2016, which was around 31% above the average March 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

6 DAVENPORT LEA Sold Prices

Land registry data shows two sales for 6 DAVENPORT LEA 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 6 DAVENPORT LEA 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
2016 31 MAR	£550,000	£420,970	31% above HPI
2006 25 AUG	£390,000	£272,473	43% above HPI

6 DAVENPORT LEA 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 DAVENPORT LEA sales from August 2006 and March 2016 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 2006 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2016 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 6 DAVENPORT LEA be worth now?

6 DAVENPORT LEA might now be worth an estimated £756,905.

This is based on house price inflation of 37.6%, between March 2016 and March 2025, 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 37.6% inflationary increase is applied to the most recent sale price for 6 DAVENPORT LEA of £550,000 on 31st March 2016. For the value to have increased from £550,000 to £756,905 over the nine years to March 2025, the following assumptions must hold true:

• The value of 6 DAVENPORT LEA has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The March 2016 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 6 DAVENPORT LEA has not materially changed since March 2016.

How Large is 6 DAVENPORT LEA?

6 DAVENPORT LEA is 168m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 DAVENPORT LEA lies on this distribution: 82% of detached houses houses are smaller than 6 DAVENPORT LEA, and 18% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6 DAVENPORT LEA: Plot and Title Map

6 DAVENPORT LEA sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 6 DAVENPORT LEA, 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 DAVENPORT LEA). 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 DAVENPORT LEA?

6 DAVENPORT LEA is located in OLD FARM PARK, in the MK7 postcode district. The below map shows the position of No. 6 on DAVENPORT LEA.