7, MARCELLUS WAY, FAIRFIELDS, MILTON KEYNES, MK11 4AD - £100,000

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.

7 MARCELLUS WAY is a small semi-detached house of 70m², built in 2015, which could now be worth an estimated £125,466. It was last sold for £100,000 in May 2019, which was around 61% below the average May 2019 semi-detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

7 MARCELLUS WAY Sold Prices

Land registry data shows one sale for 7 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 31 MAY	£100,000	£256,239	61% below HPI

What might 7 MARCELLUS WAY be worth now?

7 MARCELLUS WAY might now be worth an estimated £125,466.

This is based on house price inflation of 25.5%, between May 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 25.5% inflationary increase is applied to the most recent sale price for 7 MARCELLUS WAY of £100,000 on 31st May 2019. For the value to have increased from £100,000 to £125,466 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 7 MARCELLUS WAY has moved in line with the HPI for semi-detached houses in the Milton Keynes local authority area.
• The May 2019 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MARCELLUS WAY has not materially changed since May 2019.

How Large is 7 MARCELLUS WAY?

7 MARCELLUS WAY is 70m² according to the EPC inspection conducted in November 2015. 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 7 MARCELLUS WAY lies on this distribution: 31% of semi-detached houses are smaller than 7 MARCELLUS WAY, and 66% of semi-detached houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

7 MARCELLUS WAY: Plot

7 MARCELLUS WAY sits on a plot of roughly 0.038 of an acre, or 153m².

Where is 7 MARCELLUS WAY?

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