3, POWIS LANE, WESTCROFT, MILTON KEYNES, MK4 4DN - £385,000

3 POWIS LANE is a very large detached house of 195m², built sometime between 1996 and 2002. It was last sold for £385,000 in September 2014, which was around 14% above the average September 2014 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

3 POWIS LANE Sold Prices

Land registry data shows three sales for 3 POWIS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 3 POWIS LANE 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
2014 15 SEP	£385,000	£336,919	14% above HPI
2007 11 JUL	£350,000	£291,864	20% above HPI
2000 28 JUL	£215,000	£139,860	54% above HPI

3 POWIS LANE 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 three 3 POWIS LANE sales between July 2000 and September 2014 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 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2014 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 POWIS LANE?

3 POWIS LANE is 195m² according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 3 POWIS LANE lies on this distribution: 90% of detached houses are smaller than 3 POWIS LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 POWIS LANE: Plot and Title Map

3 POWIS LANE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 3 POWIS LANE, 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 3 POWIS LANE). 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 3 POWIS LANE?

3 POWIS LANE is located in WESTCROFT, in the MK4 postcode district. The below map shows the position of No. 3 on POWIS LANE.