1, LACY DRIVE, BOLBECK PARK, MILTON KEYNES, MK15 8PL - £380,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 LACY DRIVE is a small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £380,000 in March 2021, which was around 16% below the average March 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

1 LACY DRIVE Sold Prices

Land registry data shows two sales for 1 LACY DRIVE 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 1 LACY DRIVE 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
2021 18 MAR	£380,000	£451,575	16% below HPI
2001 30 JAN	£123,500	£148,630	17% below HPI

1 LACY DRIVE 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 1 LACY DRIVE sales from January 2001 and March 2021 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 January 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 LACY DRIVE?

1 LACY DRIVE is 109m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the smallest 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 LACY DRIVE lies on this distribution: 36% of detached houses are smaller than 1 LACY DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

1 LACY DRIVE: Plot and Title Map

1 LACY DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 1 LACY DRIVE, 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 LACY DRIVE). 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 LACY DRIVE?

1 LACY DRIVE is located in BOLBECK PARK, in the MK15 postcode district. The below map shows the position of No. 1 on LACY DRIVE.