1, JOINERS WAY, LAVENDON, OLNEY, MK46 4JF - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 JOINERS WAY is a very small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £350,000 in November 2024, which was around 37% below the average November 2024 detached price in the Milton Keynes local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

1 JOINERS WAY Sold Prices

Land registry data shows four sales for 1 JOINERS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 1 JOINERS WAY sales were for below 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
2024 20 NOV	£350,000	£554,461	37% below HPI
2003 11 JUL	£172,995	£231,699	25% below HPI
2001 25 OCT	£130,000	£175,692	26% below HPI
2001 9 MAR	£84,000	£152,208	45% below HPI

1 JOINERS WAY 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 four 1 JOINERS WAY sales between March 2001 and November 2024 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 JOINERS WAY be worth now?

1 JOINERS WAY might now be worth an estimated £346,790.

This is based on house price deflation of 0.9%, between November 2024 and December 2024, for 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 0.9% deflationary decrease is applied to the most recent sale price for 1 JOINERS WAY of £350,000 on 20th November 2024. For the value to have decreased from £350,000 to £346,790 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 1 JOINERS WAY has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The November 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JOINERS WAY has not materially changed since November 2024.

How Large is 1 JOINERS WAY?

1 JOINERS WAY is 91m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% of detached houses houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lavendon, and where 1 JOINERS WAY lies on this distribution: 17% of detached houses houses are smaller than 1 JOINERS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

1 JOINERS WAY: Plot and Title Map

1 JOINERS WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 1 JOINERS WAY, 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 JOINERS WAY). 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 JOINERS WAY?

1 JOINERS WAY is located in LAVENDON, in the MK46 postcode district. The below map shows the position of No. 1 on JOINERS WAY.