7, BEVERLEY PLACE, SPRINGFIELD, MILTON KEYNES, MK6 3LJ - £270,000

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.

7 BEVERLEY PLACE is a very small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £327,460. It was last sold for £270,000 in September 2019, which was around 39% below the average September 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

7 BEVERLEY PLACE Sold Prices

Land registry data shows two sales for 7 BEVERLEY PLACE 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 7 BEVERLEY 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
2019 30 SEP	£270,000	£445,818	39% below HPI
2018 12 JAN	£277,000	£450,310	38% below HPI

7 BEVERLEY 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 two 7 BEVERLEY PLACE sales from January 2018 and September 2019 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 January 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 7 BEVERLEY PLACE be worth now?

7 BEVERLEY PLACE might now be worth an estimated £327,460.

This is based on house price inflation of 21.3%, between September 2019 and April 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 21.3% inflationary increase is applied to the most recent sale price for 7 BEVERLEY PLACE of £270,000 on 30th September 2019. For the value to have increased from £270,000 to £327,460 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 7 BEVERLEY PLACE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BEVERLEY PLACE has not materially changed since September 2019.

How Large is 7 BEVERLEY PLACE?

7 BEVERLEY PLACE is 84m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 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 7 BEVERLEY PLACE lies on this distribution: 14% of detached houses houses are smaller than 7 BEVERLEY PLACE, and 85% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 BEVERLEY PLACE: Plot and Title Map

7 BEVERLEY PLACE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 7 BEVERLEY 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 7 BEVERLEY 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 7 BEVERLEY PLACE?

7 BEVERLEY PLACE is located in SPRINGFIELD, in the MK6 postcode district. The below map shows the position of No. 7 on BEVERLEY PLACE.