8, CRATHES GARDENS, WESTCROFT, MILTON KEYNES, MK4 4JX - £355,000

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 CRATHES GARDENS is a small semi-detached house of 106m², which could now be worth an estimated £498,625. It was last sold for £355,000 in September 2016, which was around 44% above the average September 2016 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

8 CRATHES GARDENS Sold Prices

Land registry data shows two sales for 8 CRATHES GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 8 CRATHES GARDENS 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
2016 2 SEP	£355,000	£246,626	44% above HPI
2014 31 JAN	£270,000	£179,540	50% above HPI

8 CRATHES GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 8 CRATHES GARDENS sales from January 2014 and September 2016 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 January 2014 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2016 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 8 CRATHES GARDENS be worth now?

8 CRATHES GARDENS might now be worth an estimated £498,625.

This is based on house price inflation of 40.5%, between September 2016 and March 2025, for semi-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 40.5% inflationary increase is applied to the most recent sale price for 8 CRATHES GARDENS of £355,000 on 2nd September 2016. For the value to have increased from £355,000 to £498,625 over the nine years and six months to March 2025, the following assumptions must hold true:

• The value of 8 CRATHES GARDENS has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The September 2016 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CRATHES GARDENS has not materially changed since September 2016.

How Large is 8 CRATHES GARDENS?

8 CRATHES GARDENS is 106m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of semi-detached houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milton Keynes, and where 8 CRATHES GARDENS lies on this distribution: 33% of semi-detached houses houses are smaller than 8 CRATHES GARDENS, and 66% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

8 CRATHES GARDENS: Plot and Title Map

8 CRATHES GARDENS sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 8 CRATHES GARDENS, 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 CRATHES GARDENS). 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 CRATHES GARDENS?

8 CRATHES GARDENS is located in WESTCROFT, in the MK4 postcode district. The below map shows the position of No. 8 on CRATHES GARDENS.