68, MARTINGALE PLACE, DOWNS BARN, MILTON KEYNES, MK14 7QN - £225,000

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.

68 MARTINGALE PLACE is a very small detached house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £267,395. It was last sold for £225,000 in September 2020, which was around 51% below the average September 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

68 MARTINGALE PLACE Sold Prices

Land registry data shows five sales for 68 MARTINGALE PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the five 68 MARTINGALE PLACE sales were 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
2020 11 SEP	£225,000	£462,607	51% below HPI
2006 1 DEC	£148,000	£281,707	47% below HPI
2005 5 AUG	£138,000	£259,008	47% below HPI
2004 27 AUG	£139,000	£256,860	46% below HPI
1999 29 OCT	£61,995	£129,385	52% below HPI

68 MARTINGALE PLACE 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 five 68 MARTINGALE PLACE sales between October 1999 and September 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 December 2006 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2020 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 68 MARTINGALE PLACE be worth now?

68 MARTINGALE PLACE might now be worth an estimated £267,395.

This is based on house price inflation of 18.8%, between September 2020 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 18.8% inflationary increase is applied to the most recent sale price for 68 MARTINGALE PLACE of £225,000 on 11th September 2020. For the value to have increased from £225,000 to £267,395 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 68 MARTINGALE PLACE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 68 MARTINGALE PLACE has not materially changed since September 2020.

How Large is 68 MARTINGALE PLACE?

68 MARTINGALE PLACE is 49m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% 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 68 MARTINGALE PLACE lies on this distribution: 1% of detached houses houses are smaller than 68 MARTINGALE PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

68 MARTINGALE PLACE: Plot and Title Map

68 MARTINGALE PLACE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 68 MARTINGALE PLACE, 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 68 MARTINGALE PLACE). 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 68 MARTINGALE PLACE?

68 MARTINGALE PLACE is located in DOWNS BARN, in the MK14 postcode district. The below map shows the position of No. 68 on MARTINGALE PLACE.