48, WENNING LANE, EMERSON VALLEY, MILTON KEYNES, MK4 2JF - £475,000

48 WENNING LANE is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £475,000 in January 2019, which was around 11% above the average January 2019 detached price in the Milton Keynes local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

48 WENNING LANE Sold Prices

Land registry data shows five sales for 48 WENNING LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Most of the five 48 WENNING 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
2019 4 JAN	£475,000	£428,524	11% above HPI
2008 5 SEP	£300,000	£278,176	8% above HPI
2002 26 NOV	£135,000	£212,453	36% below HPI
1999 27 SEP	£140,000	£121,443	15% above HPI
1995 30 NOV	£112,950	£83,030	36% above HPI

48 WENNING 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 five 48 WENNING LANE sales between November 1995 and January 2019 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 September 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2019 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 48 WENNING LANE?

48 WENNING LANE is 117m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% 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 48 WENNING LANE lies on this distribution: 44% of detached houses are smaller than 48 WENNING LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

48 WENNING LANE: Plot and Title Map

48 WENNING LANE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 48 WENNING 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 48 WENNING 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 48 WENNING LANE?

48 WENNING LANE is located in EMERSON VALLEY, in the MK4 postcode district. The below map shows the position of No. 48 on WENNING LANE.