1, AMBRIDGE LANE, GLEBE FARM, MILTON KEYNES, MK17 8FQ - £635,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 AMBRIDGE LANE is a large detached house of 136m². It was last sold for £635,000 in May 2022, which was around 28% above the average May 2022 detached price in the Milton Keynes local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

1 AMBRIDGE LANE Sold Prices

Land registry data shows three sales for 1 AMBRIDGE 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 1 AMBRIDGE 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
2022 6 MAY	£635,000	£496,074	28% above HPI
2021 15 MAR	£620,000	£451,575	37% above HPI
2017 27 OCT	£599,995	£441,162	36% above HPI

1 AMBRIDGE 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 1 AMBRIDGE LANE sales between October 2017 and May 2022 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 March 2021 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 1 AMBRIDGE LANE?

1 AMBRIDGE LANE is 136m² according to the EPC inspection conducted in August 2017. This puts it in the largest 40% 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 1 AMBRIDGE LANE lies on this distribution: 62% of detached houses are smaller than 1 AMBRIDGE LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 AMBRIDGE LANE: Plot and Title Map

1 AMBRIDGE LANE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 1 AMBRIDGE 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 1 AMBRIDGE 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 1 AMBRIDGE LANE?

1 AMBRIDGE LANE is located in GLEBE FARM, in the MK17 postcode district. The below map shows the position of No. 1 on AMBRIDGE LANE.