7, MORLAND DRIVE, GRANGE FARM, MILTON KEYNES, MK8 0NX - £525,000

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 MORLAND DRIVE is a large detached house of 158m², built sometime between 2003 and 2006, which could now be worth an estimated £649,681. It was last sold for £525,000 in June 2021, which was around 12% above the average June 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

7 MORLAND DRIVE Sold Prices

Land registry data shows two sales for 7 MORLAND DRIVE 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 7 MORLAND DRIVE 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
2021 15 JUN	£525,000	£468,154	12% above HPI
2006 7 APR	£124,000	£261,437	53% below HPI

7 MORLAND DRIVE 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 MORLAND DRIVE sales from April 2006 and June 2021 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 April 2006 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 7 MORLAND DRIVE be worth now?

7 MORLAND DRIVE might now be worth an estimated £649,681.

This is based on house price inflation of 23.7%, between June 2021 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 23.7% inflationary increase is applied to the most recent sale price for 7 MORLAND DRIVE of £525,000 on 15th June 2021. For the value to have increased from £525,000 to £649,681 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 7 MORLAND DRIVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The June 2021 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MORLAND DRIVE has not materially changed since June 2021.

How Large is 7 MORLAND DRIVE?

7 MORLAND DRIVE is 158m² according to the EPC inspection conducted in April 2021. This puts it in the largest 30% 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 MORLAND DRIVE lies on this distribution: 77% of detached houses houses are smaller than 7 MORLAND DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 MORLAND DRIVE: Plot and Title Map

7 MORLAND DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 7 MORLAND 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 7 MORLAND 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 7 MORLAND DRIVE?

7 MORLAND DRIVE is located in GRANGE FARM, in the MK8 postcode district. The below map shows the position of No. 7 on MORLAND DRIVE.