6A, SCHOOL LANE, LOUGHTON, MILTON KEYNES, MK5 8AT - £1,335,000

6A SCHOOL LANE is a very large detached house of 353m², built sometime between 1996 and 2002. It was last sold for £1,335,000 in October 2018, which was around 202% above the average October 2018 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

6A SCHOOL LANE Sold Prices

Land registry data shows two sales for 6A SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 6A SCHOOL 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
2018 26 OCT	£1,335,000	£442,097	202% above HPI
2015 30 SEP	£880,000	£376,388	134% above HPI

6A SCHOOL 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 two 6A SCHOOL LANE sales from September 2015 and October 2018 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 2015 sale was for 134% above the HPI. So the extrapolation line tracks at 134% above the HPI over time, until the October 2018 sale, where it rises to 202% above the HPI. The line then continues to track at 202% above the HPI.

How Large is 6A SCHOOL LANE?

6A SCHOOL LANE is 353m² according to the EPC inspection conducted in August 2018. 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 6A SCHOOL LANE lies on this distribution: More than 99% of detached houses are smaller than 6A SCHOOL LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

6A SCHOOL LANE: Plot and Title Map

6A SCHOOL LANE sits on a plot of roughly 0.450 of an acre, or 1,821m². The below map shows the location of 6A SCHOOL 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 6A SCHOOL 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 6A SCHOOL LANE?

6A SCHOOL LANE is located in LOUGHTON, in the MK5 postcode district. The below map shows the position of No. 6A on SCHOOL LANE.