8, CHETWODE AVENUE, MONKSTON, MILTON KEYNES, MK10 9EJ - £123,000

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 CHETWODE AVENUE is a very small terraced house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £253,068. It was last sold for £123,000 in August 2009, which was around 7% below the average August 2009 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

8 CHETWODE AVENUE Sold Prices

Land registry data shows three sales for 8 CHETWODE AVENUE 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. One of the three 8 CHETWODE AVENUE sales was for below the average price, whilst two 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 7 AUG	£123,000	£131,700	7% below HPI
1999 26 MAR	£57,000	£49,867	14% above HPI
1996 14 MAR	£56,000	£39,370	42% above HPI

8 CHETWODE AVENUE 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 8 CHETWODE AVENUE sales between March 1996 and August 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 March 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2009 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 CHETWODE AVENUE be worth now?

8 CHETWODE AVENUE might now be worth an estimated £253,068.

This is based on house price inflation of 105.7%, between August 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 105.7% inflationary increase is applied to the most recent sale price for 8 CHETWODE AVENUE of £123,000 on 7th August 2009. For the value to have increased from £123,000 to £253,068 over the seventeen years and three months to May 2026, the following assumptions must hold true:

• The value of 8 CHETWODE AVENUE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The August 2009 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHETWODE AVENUE has not materially changed since August 2009.

How Large is 8 CHETWODE AVENUE?

8 CHETWODE AVENUE is 60m² according to the EPC inspection conducted in November 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 8 CHETWODE AVENUE lies on this distribution: 2% of terraced houses houses are smaller than 8 CHETWODE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 CHETWODE AVENUE: Plot and Title Map

8 CHETWODE AVENUE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 8 CHETWODE AVENUE, 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 CHETWODE AVENUE). 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 CHETWODE AVENUE?

8 CHETWODE AVENUE is located in MONKSTON, in the MK10 postcode district. The below map shows the position of No. 8 on CHETWODE AVENUE.