16, MARCELLUS WAY, FAIRFIELDS, MILTON KEYNES, MK11 4AD - £187,500

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.

16 MARCELLUS WAY is a small semi-detached house of 70m², built in 2015, which could now be worth an estimated £233,806. It was last sold for £187,500 in January 2019, which was around 27% below the average January 2019 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

16 MARCELLUS WAY Sold Prices

Land registry data shows one sale for 16 MARCELLUS WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Milton Keynes local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 18 JAN	£187,500	£257,819	27% below HPI

What might 16 MARCELLUS WAY be worth now?

16 MARCELLUS WAY might now be worth an estimated £233,806.

This is based on house price inflation of 24.7%, between January 2019 and April 2026, 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 24.7% inflationary increase is applied to the most recent sale price for 16 MARCELLUS WAY of £187,500 on 18th January 2019. For the value to have increased from £187,500 to £233,806 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 16 MARCELLUS WAY has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The January 2019 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MARCELLUS WAY has not materially changed since January 2019.

How Large is 16 MARCELLUS WAY?

16 MARCELLUS WAY is 70m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of semi-detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Milton Keynes, and where 16 MARCELLUS WAY lies on this distribution: 31% of semi-detached houses are smaller than 16 MARCELLUS WAY, and 66% of semi-detached houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 MARCELLUS WAY: Plot

16 MARCELLUS WAY sits on a plot of roughly 0.090 of an acre, or 364m².

Where is 16 MARCELLUS WAY?

16 MARCELLUS WAY is located in FAIRFIELDS, in the MK11 postcode district.