71, MILECASTLE, BANCROFT, MILTON KEYNES, MK13 0QN - £147,500

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.

71 MILECASTLE is a very small terraced house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £293,344. It was last sold for £147,500 in December 2009, which was around 8% above the average December 2009 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

71 MILECASTLE Sold Prices

Land registry data shows three sales for 71 MILECASTLE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. All of the three 71 MILECASTLE 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
2009 14 DEC	£147,500	£136,249	8% above HPI
2004 23 APR	£131,000	£114,906	14% above HPI
1998 27 NOV	£56,000	£48,901	15% above HPI

71 MILECASTLE 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 three 71 MILECASTLE sales between November 1998 and December 2009 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 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2009 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 71 MILECASTLE be worth now?

71 MILECASTLE might now be worth an estimated £293,344.

This is based on house price inflation of 98.9%, between December 2009 and May 2026, 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 98.9% inflationary increase is applied to the most recent sale price for 71 MILECASTLE of £147,500 on 14th December 2009. For the value to have increased from £147,500 to £293,344 over the seventeen years and seven months to May 2026, the following assumptions must hold true:

• The value of 71 MILECASTLE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The December 2009 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 71 MILECASTLE has not materially changed since December 2009.

How Large is 71 MILECASTLE?

71 MILECASTLE is 58m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% 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 71 MILECASTLE lies on this distribution: 2% of terraced houses houses are smaller than 71 MILECASTLE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

71 MILECASTLE: Plot and Title Map

71 MILECASTLE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 71 MILECASTLE, 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 71 MILECASTLE). 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 71 MILECASTLE?

71 MILECASTLE is located in BANCROFT, in the MK13 postcode district. The below map shows the position of No. 71 on MILECASTLE.