8, BROWNSET DRIVE, KINGSMEAD, MILTON KEYNES, MK4 4HR - £306,000

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.

8 BROWNSET DRIVE is a midsized extended detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £399,744. It was last sold for £306,000 in February 2020, which was around 31% below the average February 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

8 BROWNSET DRIVE Sold Prices

Land registry data shows five sales for 8 BROWNSET DRIVE 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 8 BROWNSET DRIVE 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 21 FEB	£306,000	£443,475	31% below HPI
2015 26 JUN	£285,000	£364,456	22% below HPI
2011 22 JUL	£250,000	£283,598	12% below HPI
2006 25 AUG	£250,000	£272,473	8% below HPI
2005 3 JUN	£236,995	£262,484	10% below HPI

8 BROWNSET 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 five 8 BROWNSET DRIVE sales between June 2005 and February 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 June 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 8 BROWNSET DRIVE be worth now?

8 BROWNSET DRIVE might now be worth an estimated £399,744.

This is based on house price inflation of 30.6%, between February 2020 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 30.6% inflationary increase is applied to the most recent sale price for 8 BROWNSET DRIVE of £306,000 on 21st February 2020. For the value to have increased from £306,000 to £399,744 over the four years and eleven months to March 2025, the following assumptions must hold true:

• The value of 8 BROWNSET DRIVE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The February 2020 sale price of £306,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BROWNSET DRIVE has not materially changed since February 2020.

How Large is 8 BROWNSET DRIVE?

8 BROWNSET DRIVE is 115m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% 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 8 BROWNSET DRIVE lies on this distribution: 42% of detached houses houses are smaller than 8 BROWNSET DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 BROWNSET DRIVE: Plot and Title Map

8 BROWNSET DRIVE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 8 BROWNSET 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 8 BROWNSET 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 8 BROWNSET DRIVE?

8 BROWNSET DRIVE is located in KINGSMEAD, in the MK4 postcode district. The below map shows the position of No. 8 on BROWNSET DRIVE.