61, FARADAY DRIVE, SHENLEY LODGE, MILTON KEYNES, MK5 7HQ - £299,995

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.

61 FARADAY DRIVE is a small terraced house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £438,677. It was last sold for £299,995 in August 2015, which was around 61% above the average August 2015 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

61 FARADAY DRIVE Sold Prices

Land registry data shows two sales for 61 FARADAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 61 FARADAY 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
2015 28 AUG	£299,995	£185,933	61% above HPI
2013 7 JUN	£231,000	£147,637	56% above HPI

61 FARADAY DRIVE 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 two 61 FARADAY DRIVE sales from June 2013 and August 2015 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 June 2013 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2015 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 61 FARADAY DRIVE be worth now?

61 FARADAY DRIVE might now be worth an estimated £438,677.

This is based on house price inflation of 46.2%, between August 2015 and June 2025, 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 46.2% inflationary increase is applied to the most recent sale price for 61 FARADAY DRIVE of £299,995 on 28th August 2015. For the value to have increased from £299,995 to £438,677 over the ten years and two months to June 2025, the following assumptions must hold true:

• The value of 61 FARADAY DRIVE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The August 2015 sale price of £299,995 represented a fair market value for the property.
• The size, condition, and specification of 61 FARADAY DRIVE has not materially changed since August 2015.

How Large is 61 FARADAY DRIVE?

61 FARADAY DRIVE is 97m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% 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 61 FARADAY DRIVE lies on this distribution: 26% of terraced houses houses are smaller than 61 FARADAY DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

61 FARADAY DRIVE: Plot and Title Map

61 FARADAY DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 61 FARADAY 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 61 FARADAY 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 61 FARADAY DRIVE?

61 FARADAY DRIVE is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 61 on FARADAY DRIVE.