8, BUREWELLE, TWO MILE ASH, MILTON KEYNES, MK8 8LS - £340,000

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 BUREWELLE is a large extended detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £651,986. It was last sold for £340,000 in July 2010, which was around 19% above the average July 2010 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

8 BUREWELLE Sold Prices

Land registry data shows two sales for 8 BUREWELLE 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 8 BUREWELLE 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
2010 27 JUL	£340,000	£286,697	19% above HPI
1999 6 JUL	£150,000	£119,431	26% above HPI

8 BUREWELLE 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 8 BUREWELLE sales from July 1999 and July 2010 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 July 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2010 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 8 BUREWELLE be worth now?

8 BUREWELLE might now be worth an estimated £651,986.

This is based on house price inflation of 91.8%, between July 2010 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 91.8% inflationary increase is applied to the most recent sale price for 8 BUREWELLE of £340,000 on 27th July 2010. For the value to have increased from £340,000 to £651,986 over the sixteen years and two months to May 2026, the following assumptions must hold true:

• The value of 8 BUREWELLE has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The July 2010 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BUREWELLE has not materially changed since July 2010.

How Large is 8 BUREWELLE?

8 BUREWELLE is 161m², which includes two extensions, according to the EPC inspection conducted in July 2009. 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 8 BUREWELLE lies on this distribution: 78% of detached houses houses are smaller than 8 BUREWELLE, and 22% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 BUREWELLE: Plot and Title Map

8 BUREWELLE sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of 8 BUREWELLE, 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 BUREWELLE). 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 BUREWELLE?

8 BUREWELLE is located in TWO MILE ASH, in the MK8 postcode district. The below map shows the position of No. 8 on BUREWELLE.